0
What else can I help you with?
What does Bcc mean in barcleys mini statement?
Barclays connect card...purchases paid for on debit card.
What is a late lodgement?
Late Lodgement is a receipt written in cash book but was paid to the bank after the bank statement was prepared. Hence, it does not appear in the bank statement that was prepared before the receipt was paid to the bank.
What does BGC mean on a Barclays mini statement?
This means someone paid it into your bank account in a branch. What does BGC stand for? Definition of Bank giro credit
Does commission have a balance sheet or income statement account?
If commission is already received or paid then it is income statement item, but if it is still receivable or payable then it is balance sheet item, simple commission is a income statement item
Is interest paid a non cash item on a income statement?
No, interest paid is not considered a non-cash item on an income statement. It represents an actual cash outflow for a company, reflecting the cost of borrowing funds. Non-cash items typically include items like depreciation or amortization, which do not involve cash transactions. Thus, interest paid affects the cash flow and is recorded as an expense in the income statement.
What is a UAF paid item penalty mean I bank with suntrust and i found this on my statement.?
I just found the same thing on my suntrust bank statement, but it's NSF paid items penalty $35 ??? l found a similar charge, stating NSF Paid ltems Penalty-$105. l found this was a charge for overdrawing. . . Very unnecessary charge, but still.
What does Bcc mean in barcleys mini statement?
Barclays connect card...purchases paid for on debit card.
What is a late lodgement?
Late Lodgement is a receipt written in cash book but was paid to the bank after the bank statement was prepared. Hence, it does not appear in the bank statement that was prepared before the receipt was paid to the bank.
What does FRB mean on a bank statement?
Fixed rate bond: ie the interest being paid into the nominated account
What does BGC mean on a Barclays mini statement?
This means someone paid it into your bank account in a branch. What does BGC stand for? Definition of Bank giro credit
Does commission have a balance sheet or income statement account?
If commission is already received or paid then it is income statement item, but if it is still receivable or payable then it is balance sheet item, simple commission is a income statement item
Why do funds paid into your bank account appear as credit entries on your bank statement?
The funds are a credit to the bank that is issuing the statement. They "owe" you the money, therefore the credit.
Does taxes paid go on a balance sheet?
Taxes paid is part of cash book or cash flow statement and tax expense in income statement and tax payable is balance sheet item.
What does bgc mean on a statement?
It stands for Bank Giro Credit. It generally means that a company has transferred money into your account via BACS or a government agency has paid benefits into an account.
Is interest paid a non cash item on a income statement?
No, interest paid is not considered a non-cash item on an income statement. It represents an actual cash outflow for a company, reflecting the cost of borrowing funds. Non-cash items typically include items like depreciation or amortization, which do not involve cash transactions. Thus, interest paid affects the cash flow and is recorded as an expense in the income statement.
How do you calculate the dividend paid in a cash flow statement?
To calculate the dividend paid in a cash flow statement, you would look at the "financing activities" section and find the line item that represents dividends paid to shareholders. This amount represents the cash paid out to shareholders as dividends during the specified period.
What does a secured loan and unsecured loan mean?
A secured loan is a loan in which there is physical collateral, meaning there is a physical item of worth that can be taken by the bank if the loan is not paid. Examples of this include a car loan or mortgage (house loan); the car or house are the collateral and therefore are the 'security' that the bank will not lose money on the loan. An unsecured loan is a loan in which there is no physical collateral, meaning there is no item of worth the bank can take if the loan is not paid. Examples of this include credit card debt or a student loan; in these cases, if the loan isn't paid the bank has to use a collections agency to try to get the money back.
