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It goes to a collection agency, prepare to get annoyed and harassing phone calls

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7y ago

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When an account balance is written -off what happens to the account balance?

It goes to a collection agency, prepare to get annoyed and harassing phone calls


WHEN AN ACCOUNT BALANCE IS WRITTEN OFF WHAT HAPPENS TO THE ACCOUNT BALANCE?

It goes to a collection agency, prepare to get annoyed and harassing phone calls


If your name is on a checking account with someone else and she passes what happens to the balance on the checking account?

It depends on your relationship to the deceased and if there was a will.


What happens if If an amount is recorded on the side of a T account the normal balance side?

decreased


What happens if If an amount is recorded on the side of a T account opposite the normal balance side?

decreased


What happens if you get a refund on a credit card with no balance?

If you receive a refund on a credit card with no balance, the refund amount will typically be credited to your account as a negative balance. This means you will have a credit on your account that can be used towards future purchases or you can request a refund of the credit balance from the credit card issuer.


What happens if you do not close your bank account balance is fall than minimum?

nothing will happen you can put some more money in the bank account to resume it


How can you find out your account balance?

Your account balance can easily be accessed by visiting your banker's site,click on account balance after putting your account no and you will have it instantly. Or you can update your bank passbook to ascertain your account balance.


The amount of money in a bank account is called what?

account balance


What is mod balance in a bank account?

what is the mod balance in account what is the definition of mod balance


Which type of checking account pays interest on the mean balance of the account during a particular cycle?

Average Balance account


What payment on account by a customer?

A payment on account by a customer happens when a customer pays a bill. For example, if a person had an account at a furniture store, each month, he or she would make a payment on their account to pay down their balance.