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Why do businesses think that money in their bank accounts is part of their cash total?
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How much money can married couple have in one bank for FDIC guarantee?
If you have separate accounts, you can each have $100,000.00, for a total of $200,000.00. If it's a joint account, $100,000.00 is the limit.
How much insurance is provided for IRA accounts by the FDIC?
As of April 2006 the FDIC coverage for IRA's was increased to $250,000 from $100,000. This only includes money invested in bank deposites such as CD's and Money Market accounts and does not include Mutual Funds, Stock, Bonds, or Annuities. If you have non qualified accounts with the same bank you would receive $100.000 in coverage for those per person in addition to the $250,000 for the IRA account bringing your total coverage in those cases to $350,000. Married couples are eligible for $700,000 using the above information with the ability to increase this to 1.1 million with using living trusts or POD (payable on death) accounts. Notes: Money Market mutual funds are not covered.
Will it reflect negatively on your credit report if you close an account with debt still on it?
You can never close an account on anything if you owe money. If you owe money on a credit card or a loan, you just can't close the account. Until that debt is paid it is open. All debts should be paid or it will give you a bad credit report. Remember, you are loaning money (even from credit cards) so it is your responsibility to pay this money back. "Closed by consumer" is not necessarily a negative notation and it can be done on revolving accounts when there is a balance remaining. However, categories which are considered to provide a consumer's credit score are length of time accounts have been open, and total amount of credit available. These two categories would be affected by closing your accounts and MIGHT cause a deduction in your score.
How much is 4.7 percent apr on 5000 for 1 year?
Borrowing money from a bank or lending money comes with a price tag. Banks and financial organizations profit from the money that customers deposit in their accounts. They generate money by charging consumers who borrow money from them a percentage of the amount borrowed. We'll go through what APR is, the different forms of APR, and how to calculate it in this article. Add the interest amount to the administrative fees. Subtract the loan amount from the total (principal) Divide the total number of days in the loan term by the total number of days in the loan period. Multiply everything by 365. (one year) To convert to a percentage, multiply by 100. For increased traffic, copy the link in my bio for a maximum of 10 copies.
How do you calculate collection target from customers?
This is for 30 day accounts... 100% of total debtors ledger less current * 90%
Where do rich keep their money?
In Swiss bank accounts. No tax and total secrecy.
How do you calculate net accounts receivable?
should accounts revceivable (net) bedeleted out Not sure what the first answer is saying, but net accounts receivable is total accounts receivable less allowance for doubtful accounts (accounts you think are not going to pay you)
To what does the term accounts receivable refer?
Accounts receivable is an aggregate total amount of money that clients owe to a business entity. This number is used to evaluate the total amount of debt the company currently has.
Total money presently invested in tax deferred retirement accounts in the US?
10 trillion
Payment of accounts payable will have what effect on total assets?
Payment of account payable will reduce the total assets. When you pay your bills, you take money out of your account.
How much money does Kobe Bryant have total?
$560,000,000 total with bank accounts combined. Does not include assets.
What do you call a persons total amount of money?
i think its "property"
What is Accounts Receivable Netting?
It is basically deducting the allowance for doubtful accounts from the total accounts receivable.
What does the term accountability refers to?
Accounts receivable is an aggregate total amount of money that clients owe to a business entity. This number is used to evaluate the total amount of debt the company currently has.
How much does Minecraft cost on a PC?
Minecraft accounts do not cost money, for they are free, but when you are upgrading your account to Premium is when you pay the money. When paying for the full, or premium, version of Minecraft, you pay a total of $26.95.
What equals m1?
M1 is one of several measures of the supply of money in an economy. It is the sum of all notes and coins in circulation in the country, the total value of all checking accounts, demand deposits and accounts with "negotiable order of withdrawal".
How much money has Nicolas anelka been transfered for in total?
i think it is 86.8 million
