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Difference between ledger balance and available balance?
The available balance refers to the cash that can be withdrawn from the given account. The ledger balance on the other hand refers to the amount that is available in the account.
What is the difference between Actual balance and Available balance?
Actual balance is the real balance while avialable balance is the physical balance
What is The difference between total payments and total charges to an account is called?
The difference between total payments and total charges to an account is called the account balance. If total payments exceed total charges, the balance will be a credit, indicating a surplus. Conversely, if total charges exceed total payments, the balance will be a debit, reflecting an outstanding amount owed. This balance is essential for understanding the financial status of the account.
How can your checking account have a current balance that is lower than the available balance?
Current balance may be reflecting beginning of day balance while other credits posted during the day giving you a higher immediate available balance
What does it mean to transfer credit card balance?
To transfer a credit card balance means to use the available credit on one credit card to pay off the balance of another credit card. This is often done by credit card holders to pay back a balance at a lower rate.
In Economics, what does scarcity mean?
Wants and desires will always exceed the resources available to fulfill them.
Does a credit card balance in the fund balance account at the end of the year mean the fund has sufficient cash to pay its liabilities in a timely manner?
No. A credit balance in the fund balance accounts does not mean there is sufficient cash to pay liabilities in a timely manner. The assets are likely to include taxes receivable, and it is possible that the reported liabilities will exceed the cash balance
What is balance of trade?
Balance of trade is the relationship between a country's exports and imports. There is a trade surplus when a country's exports exceed its imports, and there is a trade deficit when a country's imports exceed its exports.
What is trade surplus?
A positive balance of trade, exports exceed imports
Difference between ledger balance and available balance?
The available balance refers to the cash that can be withdrawn from the given account. The ledger balance on the other hand refers to the amount that is available in the account.
The condition that exists wants exceed the available resources?
Scarcity
What is the difference between Actual balance and Available balance?
Actual balance is the real balance while avialable balance is the physical balance
Can i withdraw MOD Balance money?
mod balance available
What is when a country's imports exceed it's exports?
If a country's export exceeds the import then the balance of trade is unfavorable.
Is there a difference between a merchandiser's balance sheet and a service company's balance sheet?
Yes in merchandiser balance sheet there is stock of items available in balance sheet while in services balance sheet there is no inventory item available.
Do and dont's using beam balance?
Do ensure the beams are clean and free from any debris for accurate measurements. Don't overload the balance with weights that exceed its maximum capacity, as this can damage the balance and affect the results.
What is The difference between total payments and total charges to an account is called?
The difference between total payments and total charges to an account is called the account balance. If total payments exceed total charges, the balance will be a credit, indicating a surplus. Conversely, if total charges exceed total payments, the balance will be a debit, reflecting an outstanding amount owed. This balance is essential for understanding the financial status of the account.
