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What kind of an account (asset liability etc.) is Allowance for Doubtful Accounts and is its normal balance a debit or a credit?
What kind of an account (asset, liability, etc.) is Allowance for Doubtful Accounts, and is its normal balance a debit or a credit?
Can having too many charge accounts or closing extra accounts negatively affect your credit score?
if you have too many open accounts and owes money, it does affect your credit score. your debt ratio is too high, and you will have difficult time applying for any kind of loans. when closing your accounts, and they are paid off. at first, it will lower your credit score, then will incrase following month or two. asian623 http://www.myspace.com/scionturboracing
What kind of account of a bank?
Banks offer many different types of accounts. They are:a. Checking/Current accountb. Savings accountsc. Internet/Mobile Bankingd. ATM Cardse. Check Booksf. Deposit Accountsg. Loansh. Credit Cards etc.Read more: What_kinds_of_account_does_a_bank_have
What type of savings accounts does Pioneer Savings Bank offer?
"Pioneer Savings Bank offers two different kind of savings accounts. For buisness or personal. Personal saving accounts include, Statement Savings, where you can recieve an atm card, and a Passport Savings, where you can only view it online."
What kind of account is linked with another account that has an opposite normal balance and that is subtracted from the balance of the related account?
The account you are asking about is called a contra account. One example of a contra account is "Accumulated Depreciation." Accumulated Depreciation (or A/D for short) is grouped with fixed asset accounts on the balance sheet. The normal balance for A/D is a credit, while all other asset accounts (besides other contra accounts) have a normal debit balance. The credit balance in A/D is netted with the debit balance in fixed assets to determine the net book value (NBV) of the fixed assets.
What kind of accounts does HSBC online offer?
HSBC offers all types of accounts online. They offer personal internet banking. They also offer credit cards, savings accounts, checking accounts, and certificate of deposits.
What kind of services does Delta Community Credit Union offer?
As with many credit unions in the United States, Delta Community Credit Union has checking and savings accounts, as well as free access to their ATM machines. In addition, the credit union also offers home loans, credit cards, and certain kinds of insurance.
What kind of credit car services does chase bank offer?
Chase Bank offers standard credit cards, a personal line of credit, car loans, home loans, and school loans. They also offer personal accounts and savings accounts.
What kind of services are provided by Rogue Federal Credit Union?
The Rogue Federal Credit Union offers personal banking, loans, credit, insurance and investments. They offer a wide range of accounts such as savings accounts to money maker accounts and even youth accounts.
What kind of services does the website Community first Credit Union offer?
The website Community 1st Credit Union offer a number of financial services. One can get savings and checking accounts from them as well as loans or a mortgage.
What Does the National Credit Union Administration Do?
There is one US government agency that charters and oversees the activity of the thousands of credit unions in the United States. It is the National Credit Union Administration.This agency was founded in 1934. It was created through one of the many laws that passed as part of the New Deal. This agency was first part of the Farm Credit Administration. At that point, it was simply referred to as the Federal Credit Unions Bureau. This bureau grew in importance due to the increasing number of credit unions across the country. This increase was due to the fact that banks at the time were skittish about offering regular customers services at reasonable rates.A credit union is a kind of banking cooperative. The union itself is actually owned by the depositors. Credit unions can offer many regular banking services including savings accounts, checking accounts, credit cards, car loans, and mortgages. Using a credit union is especially attractive to many people because the rates offered for such services are usually lower than the rates offered at regular banks.Similarly to banks, a credit union needs to be chartered before it can open for business. Sometimes, a credit union can be charted by a state. However, most credit union charters are created by the National Credit Union Administration. By comparison, commercial banks are chartered through the FDIC and the Federal Reserve.The policies and practices that all US credit unions employ are adopted from guidelines that were created by the National Credit Union Administration. Rules and regulations a credit union employs are determined by individuals that sit on a board of directors. This board is elected by members of the credit union. Despite these elections, guidelines set by the federal government still need to be adhered to.One of the rules set by the National Credit Union Administration demands that all credit unions must offer things like savings and checking accounts. However, it is not demanded that credit unions offer mortgages. Due to this fact, not all credit unions offer mortgages to their customers. In general, the board of directors can choose what products to offer as long as they follow federal guidelines.
What kind of an account (asset liability etc.) is Allowance for Doubtful Accounts and is its normal balance a debit or a credit?
What kind of an account (asset, liability, etc.) is Allowance for Doubtful Accounts, and is its normal balance a debit or a credit?
What is Compello?
Compello is a company that buys performing and non-performing consumer and commercial accounts. These accounts might be credit cards, loans, current accounts, or any other kind of credit available in the UK.
What kind of services does UCO Bank offer?
UCO Bank offer many services in India. Some of those services are credit cards, loans for home, auto and education, debit cards, savings accounts and international banking.
What kind of products does Hong Leong Finance offer to customers?
Hong Leong Finance offers their customers banking solutions. One can have savings or checking accounts, loans, insurance and various credit cards as well.
What kind of accounts does Bankline offer?
Bankline offers online corporate internet banking which allows businesses to carry on everyday banking, payments and transfers over the internet. it also offers online trade and credit rating tracker.
What kind of credit do businesses get?
There are a few different types of credit you can get for your business. You can get vendor credit, which is different store accounts, and gas cards, etc. Then there is bank credit. In order to get bank credit you will need to have a pretty strong business credit score.
