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What is balmo swap and how does it work?

A balance of the month swap


How does the post trial balance differ from the adjusted trial balance?

Post is used at the beginning of the month where trial balance is the balance of your financial statement at the end of the month.


Credit card balance method that subtracts payments and credits in this month from balance at end of last month is?

Adjusted Balance Method


How do you calculate a closing balance?

Opening cash balance is obtaining by looking at the last closing balance. In businesses this is usually done on the first day of the month. So the opening cash balance on the first day of the month will be the same is the closing cash balance of the month before.


How do you calculate monthly average balance?

Monthly average balance is the sum of daily balances in a month divided by the number of days in that month.


What percentage of credit card holders carry a balance from month-to-month?

42%


When doing the reconciliation of a bank account the beginning balance on the new month's bank statement should always match what?

ending balance of the previous month


Do you have to use the balance of ebt card by the end of the month?

no it will roll over to the next month


Can you use a filene's gift card at macy's?

yes you can... macys bought filens. they will swap the card balance over for you


How do you calculate average yearly balance?

It is calculated by averaging the balance after each day. This is then averaged with the closing balance after each month.


What happens if you revolve your balance on a credit card?

If you revolve your balance on a credit card, you will be charged interest on the remaining balance that you carry over from month to month. This can lead to accumulating debt and paying more money in the long run.


Can you swap a lease within a month of signing?

After registering your car online, and someone is interested in taking the lease off your hands then there wouldn't be a problem with swapping the lease within a month.