It is under capital which is the account type of Owner's Equity.
Fees Earned is under the title Revenue when expanding the ledger.
Accrued Revenues.
No.
fees earned but not yet received is what account
The Fees Earned account has a credit balance. This means that you credit the account to increase the balance, and debit the account to decrease the balance.
The Fees Earned account is most commonly used in the services industry, where it contains billings for such services as tax consulting, auditing fees, and general consulting.
Yes, there are fees for HSBC accounts. Depending upon which type of account you have there are maintence fees and account service fees. Their montly account fees range from $2-$3 a month.
a paper in current assets in liability
Capital One has various service fees depending on the type of service and type of account. Savings account, Premier Rewards Checking, and Rewards Checking have monthly service fees if a minimum balance is not met. Some of the credit cards also charge annual fees.
balance sheet as a current liability until it's earned, when you transfer the amount earned to revenue.
an overstatement of liabilities
"Gross of fees" refers to the total amount of money earned or invested before any fees or expenses are deducted. It represents the raw or initial amount without any deductions taken into account.
minimum balance account