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What else can I help you with?
What accounts are both opened and closed during the closing process?
income summary
What type of account is always debited during the closing process?
Revenue
Is the drawings account is a temporary account?
Drawing account is the contra account of capital account which is used to show the withdrawel of owners from business during fiscal year and at the end of the year it is ultimately closed in capital account that's why it is a temporary account.
What is difference between debit turnover and credit turnover?
1. Credit Turnover is the summation of all the credit transactions in your account during the statement period.2. Debit Turnover means the summation of all the debit transactions in your account during the statement period.3. (Opening balance of account) + (Credit Turnover) - (Debit Turnover) = Closing balance of account.
What is a drawing account?
A draw or drawing account is a temporary account used by proprietorships and partnerships to record withdrawals by the owners. Draw accounts are contra-equity and have a debit balance. Entries in a draw account are typically closed to the owner's capital account at the end of a period.
What accounts are both opened and closed during the closing process?
income summary
What type of account is always debited during the closing process?
Revenue
You know that bank terms differ from bank to bank But you want to know when is the interest paid on business savings accounts on common banks?
Interest earned on your account is paid to the account on the last business day of the calendar quarter. If the account is closed during a quarter, the interest accrued is paid on the closing date.
Is there a way to close your xbox live account without closing your Microsoft account too I want to keep Microsoft for the reward points.?
Yes, you can close your Xbox Live account without closing your Microsoft account. To do this, you need to go to the Xbox support website and follow the instructions for canceling your Xbox Live subscription while keeping your Microsoft account active. This will allow you to retain your Microsoft account and any associated reward points. Just ensure that you do not delete the entire Microsoft account during the process.
Can a person open a checking account if their account was closed at a different bank?
Yes. However, if your account was closed due to a negative balance that you failed to repay, you might have some difficulty. Banks report these "charge-offs" to credit reporting agencies other than those used to verify credit for a loan. If a bank, during their account opening process, sees that you have caused another bank a loss on a checking account, they most likely will not open a new checking account for you. The best remedy is to pay the bank that is reporting the loss and start the process over. Good luck!
Is the drawings account is a temporary account?
Drawing account is the contra account of capital account which is used to show the withdrawel of owners from business during fiscal year and at the end of the year it is ultimately closed in capital account that's why it is a temporary account.
Why Blood cannot flow out during dialysis process?
during dialysis the blood is is flowin through a closed system
Does Xfinity ask for your social security number during the account setup process?
Yes, Xfinity may ask for your social security number during the account setup process for verification purposes.
The closed-party process for nominating candidates was replaced with during the the Progressive movement?
primaries
Can you erase or add anything to a CD room?
You can if it is a CD-RW (Read/Write) they can be re-written, a limited number of times. -------------------- It depends on weather the Cd-rom was closed after it was burned. During the burning process you have the option of adding files at a later date or closing the session. Once the CD is closed you cannot add any other files.
Does Comcast ask for your social security number during the account setup process?
Yes, Comcast may ask for your social security number during the account setup process for verification and credit check purposes.
What is the average closing cost to refinance?
The average closing cost to refinance varies depending on the amount of money unlocked during the refinancing process. As a broad average, this is around 5% of the total value.
