answersLogoWhite

0


Best Answer

It appears the account includes a line of credit.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why would an available balance be higher than current balance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where would unearned rent appear on the landlord's balance sheet?

In the current liability section of the balance sheet.


Discuss the series operation of LASCR?

You would get output when the intensity of the applied light is higher and series current would make the current amplitude higher.


What would you measure to find out which wires have the higher resistance?

current


Which financial statement or statements would be of most interest to creditors?

Balance Sheet!!maybe some kind of balance that have deposite.and it current only...


Were do put long term notes payable on the balance sheet?

Long term = non current Payable = liability Therefore, I would put it under the Non-Current Liabilities heading in the balance sheet.


What would happen if there was no cold current in the ocean next to the Atacama Desert?

If the Pacific Ocean were warmer in the area of the Atacama there would be higher evaporation rates and higher rainfall in the Atacama which would mean the desert would probably no longer be a desert. Another factor is that with warmer waters there would be less fish available for local fishermen to harvest.


Where does the accumulated amortization account in a trial balance go Would it be listed under current assets although there is no balance at first or at the bottom when making adjustments?

yes


Where does the accumulated amortization account in a trial balance go. Would it be listed under current assets although there is no balance at first or at the bottom when making adjustments?

yes


On a balance sheet the accounts payable and salaries payable would fall under what category?

current liability


Theo had a balance of -4 in his savings account. After making a deposit he has $25 in his account. What is the overall change in his account?

The overall change to his account was making a deposit of 29. The math would be -4 + 29 = 25 for his current balance.


Which Balance Trainer variations are available for purchase online?

Balance Trainer's are very popular among fitness circles. Nearly every type of Balance Trainer is widely available for purchase. Harbinger Fitness would be a great place to start when looking to purchase such a large item.


What would cause my 2006 Honda Civic to vibrate at higher speeds?

Tires and/or wheels may be out of balance