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What do you mean by funds flow analysis.explain the mechanism involved in preparation of funds flow statement?
It is the statement of change in financial position, prepared to determine only source and uses of working capital between date of to balance sheet.
What does float balance mean on a earning statement?
Float Balance means the amount of funds represented by checks that have been issued but not yet collected.
What does it mean to be a balance payer?
A balance payer pays off any outstanding balance of money owing on an account on every payment due date.
What does it mean to balance or reconcile your account?
It means to make sure the numbers the bank statement has matches the numbers you have.
What are causes of differences between the bank statement balance and a person's check register?
When a check is issued to a creditor or is recieved and then banked there is always a delay varying between 2 and 7 working days for the banks to transfer to or from the account. This can mean that the statement is up to date only with transactions that they have received or had to pay out.
What do you mean by funds flow analysis.explain the mechanism involved in preparation of funds flow statement?
It is the statement of change in financial position, prepared to determine only source and uses of working capital between date of to balance sheet.
Reginald's credit card statement states that his balance is 550 What does the term balance mean?
The 'balance' of his statement is the monetary value of his account with the credit card company. In this case it is the amount he owes the company.
What does issue date mean?
issue means a date like if you had a bear from build a bear and got a pawsport it will give you a example.
What does a negative credit balance mean on home loan statement?
Excess of repayment over scheduled or expected repayment. For eg. the expected balance in a HL account on a given date is 10,000/-, the actual account balance should have been 8,000/- as per the repayments made, the excess repayment of 2,000/- is negative credit balance or unadjusted repayment.
What does float balance mean on a earning statement?
Float Balance means the amount of funds represented by checks that have been issued but not yet collected.
1 What do you mean by financial statement and what are things involved in that?
A financial statement is a combination of Net income statement, Balance sheet, a cash flow statement and owners equity statement of a specified period. It indicates the current position of the company.
What does it mean to be a balance payer?
A balance payer pays off any outstanding balance of money owing on an account on every payment due date.
What does it mean to balance or reconcile your account?
It means to make sure the numbers the bank statement has matches the numbers you have.
What are causes of differences between the bank statement balance and a person's check register?
When a check is issued to a creditor or is recieved and then banked there is always a delay varying between 2 and 7 working days for the banks to transfer to or from the account. This can mean that the statement is up to date only with transactions that they have received or had to pay out.
What does it mean when you have no balance?
A person that has no balance can have one of two things. The first refers to a bank statement or credit card statement in which an individual has paid off any fees owed. This term can also refer to someone that has a balance disorder in which someone is uneasy on their feet and has difficulty walking or standing.
What does LST mean on a Halifax statement?
LST on a Halifax statement typically stands for "Last Statement" and represents the date of the last statement generated for the account. It helps you track the timing of your account statements and transactions.
What does it exactly mean she someone says you hit it on the nail when you say a statement about something?
When someone says "you hit the nail on the head," they mean that your statement or observation is accurate and precise. It implies that you have made a correct assessment or diagnosis about a situation or issue.
