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When both your current balance and available balance are negative, it indicates that you have overdrafted your account, meaning you have spent more money than you have available. This situation can result from pending transactions or fees that exceed your account balance. It's essential to address this promptly to avoid additional overdraft fees and potential account restrictions. Consider depositing funds to bring your balance back to a positive state.
What else can I help you with?
What does a credit balance on partner's current account mean?
current liability
Do banks balance sheets have current liabilities?
Do you mean: can a bank balance be a liability? If so, yes. If a bank balance is an overdraft then that balance should be shown in current liabilities.
What does a negative number on a balance mean?
There is a credit due back as a refund.
What does Margin Balance mean?
A positive margin balance is the amount owed to you by the brokerage. A negative margin balance is the amount owed to the brokerage by you.
What does current balance mean?
Current balance refers to the amount of money available in a financial account at a specific point in time. This figure includes all deposits, withdrawals, and any pending transactions that may affect the account's total. It is crucial for managing finances, as it indicates how much can be spent or withdrawn without incurring overdrafts or fees. Understanding one's current balance helps in making informed financial decisions.
What does it mean when parentheses are around your available balance?
When parentheses are around your available balance, it typically indicates a negative amount or a deficit. This formatting is often used in financial statements to highlight that you owe money or that your balance is below zero. It's essential to address this negative balance to avoid potential fees or other financial consequences.
What does a number in parentheses mean when you check your balance on a card?
This means you have a negative balance.
What does a credit balance on partner's current account mean?
current liability
Do banks balance sheets have current liabilities?
Do you mean: can a bank balance be a liability? If so, yes. If a bank balance is an overdraft then that balance should be shown in current liabilities.
What does dcen mean?
Direct current electrode negative
What does a negative number on a balance mean?
There is a credit due back as a refund.
What does Margin Balance mean?
A positive margin balance is the amount owed to you by the brokerage. A negative margin balance is the amount owed to the brokerage by you.
Your credit card statement says you have a 179.00 current balance and 13.00 available credit what does this mean?
It means that you owe 179 and that you have 13 more that you can charge to your card.
What does the number in parentheses mean on balance sheet line item?
the number is negative.
What does current balance mean?
Current balance refers to the amount of money available in a financial account at a specific point in time. This figure includes all deposits, withdrawals, and any pending transactions that may affect the account's total. It is crucial for managing finances, as it indicates how much can be spent or withdrawn without incurring overdrafts or fees. Understanding one's current balance helps in making informed financial decisions.
What does negative current mean and how does it affect electrical circuits?
Negative current refers to the flow of electrons in the opposite direction of conventional current flow. In electrical circuits, negative current can cause components to operate in reverse or malfunction, potentially leading to circuit failure or damage.
What does on deposit balance mean and available balance mean?
On deposit balance refers to the total amount of money currently held in an account, including funds that may not be immediately accessible. Available balance, on the other hand, is the portion of the on deposit balance that can be used for withdrawals or transactions at that moment, accounting for any pending transactions or holds. Essentially, available balance reflects the actual funds you can spend or withdraw right now.
