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"CL payment" on a bank statement typically refers to a "credit line payment." This indicates a payment made towards a line of credit, such as a credit card or personal loan. It shows that you have made a payment to reduce your outstanding balance or credit utilization. If you have further questions about specific transactions, it's always best to contact your bank for clarification.

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7mo ago

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What CL mean in statement bank?

In a statement bank, "CL" typically stands for "credit limit." This refers to the maximum amount of credit that a financial institution allows a borrower to use on a credit account. It serves as a guideline for the borrower to manage their spending and repayment within a defined limit. Understanding the CL is crucial for maintaining financial health and avoiding over-limit fees.


On the Natwest bank statement what does the abbreviation CL stand for?

Cash line (cash machine withdrawal)


What does CL mean in banking?

Classcified Loan


How do you calculae total assets using current liabilities and the current ratio?

I am not sure if you can get total assets using the "current liabilities" and "current ratio" however, you can reverse the problem (formula) and get the current assets. Say your company has 40M in current assets and 20M in current liabilities to get the current ratio, we take 40M (current assets) / 20M (current liabilities) = 2.0 (current ratio) if we leave out the current assets we can take 20M (current liabilities) * 2.0 (current ratio) = 40M (current assets) Let's do a couple more to prove the formula. 80M (ca)/25M (cl) = 3.2 (cr) 25M (cl) * 3.2 (cr) = 80M (ca) 33M (ca) / 11M (cl) = 3.0 (cr) 11M (cl) * 3.0 (cr) = 33M (ca) M = Millions ca = current assets cl - current liabilities cr - current ratio


If you had total assets of 11700 a net working capitgal of 1400 owners equity of 5000 and long term debt of 3500 what is the value of current assets?

Balance Sheet is Total assets = total liability N.W.C = Current Assets - Current Liabilities First find out Current Liability Current Liability = Total Assets 11,700 - Total Debt Equity 8,500 = 3,200 CL 3,200 + N.W.C 1,400 = 4,600 Current Assets TA 11,700 = CA 4,600 + OA 7,100 TL 11,700 = CL 3,200 + OE 5,000 + Debt 3,500

Related Questions

What does CL mean on a bank mini statement?

It's Cash Line...


What CL mean in statement bank?

In a statement bank, "CL" typically stands for "credit limit." This refers to the maximum amount of credit that a financial institution allows a borrower to use on a credit account. It serves as a guideline for the borrower to manage their spending and repayment within a defined limit. Understanding the CL is crucial for maintaining financial health and avoiding over-limit fees.


On the Natwest bank statement what does the abbreviation CL stand for?

Cash line (cash machine withdrawal)


What does CL in roman numerals mean?

C = 100 L = 50 CL = 150


Which statement below best describes what happens when sodium chloride, NaCI is dissolved in water?

Sodium chloride is dissociated in water:NaCl-------------------------------------Na+ + Cl-


Where is the John Dillenger Bank Robbery Run And Daleville Classic Car Cl in Daleville Indiana located?

The address of the John Dillenger Bank Robbery Run And Daleville Classic Car Cl is: Po Box 494, Daleville, IN 47334-0494


What does Cl mean on the periodic table?

Chlorine


What does CL mean in banking?

Classcified Loan


What does the letters cl in baking measurements mean?

cl = Centi litres There is 100 centi litres in a litre.


How do you reset the malfunction indicator light in a 2001 Acura CL?

i have an acura cl 2001 what does the ! light on thr dashboard mean


What does Cl mean?

Cl is the chemical symbol for the element chlorine. You'll find a link to the Wikipedia article on chlorine by looking below.


What does cl mean in terms of capacity?

center litres i tink