Accrued Revenues.
Yes, there are fees for HSBC accounts. Depending upon which type of account you have there are maintence fees and account service fees. Their montly account fees range from $2-$3 a month.
a paper in current assets in liability
balance sheet as a current liability until it's earned, when you transfer the amount earned to revenue.
Unearned revenue is a liability account. It is revenue that is received in one fiscal period despite the fact that revenue is not earned until another fiscal period. Its normal balance is credit.
minimum balance account
It is under capital which is the account type of Owner's Equity. Fees Earned is under the title Revenue when expanding the ledger.
Yes, there are fees for HSBC accounts. Depending upon which type of account you have there are maintence fees and account service fees. Their montly account fees range from $2-$3 a month.
a paper in current assets in liability
Capital One has various service fees depending on the type of service and type of account. Savings account, Premier Rewards Checking, and Rewards Checking have monthly service fees if a minimum balance is not met. Some of the credit cards also charge annual fees.
balance sheet as a current liability until it's earned, when you transfer the amount earned to revenue.
Unearned revenue is a liability account. It is revenue that is received in one fiscal period despite the fact that revenue is not earned until another fiscal period. Its normal balance is credit.
Minimum Balance account
minimum balance account
Pretty Simple, here goes, - 1. Money you have in checking account is yours, money in a credit card is the bank's which they allow you to use. 2.If you use a credit card there's a very good chance you miss a payment and everything goes downhill from there...no such thing with a checking account. 3. Basically you can use the the money in a checking account without any equivocations because you earned it, Money on a credit card is just something extra, an unsecured loan and you don't need that. 4. Credit cards have overlimit fees, late fees, returned check fees, annual fees etc... Checking accounts have Overdraft fees, check returned fees, Stop payment fees etc..
The meaning of DR on an account is deposit received. This will show up on a person's statement when they have received money in their bank as a direct deposit.
The fees that are associated with India Overseas Banks are fees for ATM use, fees on cash advances, and interest rates on any type of personal or business loan. These are considered to be service charges for account holders.
Yes, but it can be waived. Fee was waived for me today based on the "type of account" but tellers have the authority regardless.