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What is balence?
The balance is the difference between the totals of the credit and debit sides of a financial account.
What is the difference between net credit and net debit in financial transactions?
The difference between net credit and net debit in financial transactions is that net credit means the total amount of money received or credited to an account, while net debit means the total amount of money paid out or debited from an account.
What is difference between rural credit and micro credit?
What is the difference between micro credt and rural credit?
What is the difference between installment credit and open ended credit?
the difference between installment credit and open ended credit is they are the same..
Can you explain the difference between debit and credit in terms of financial transactions?
Debit and credit are two sides of the same coin in financial transactions. Debit means money is being taken out of an account, while credit means money is being added to an account. Debit decreases the balance, while credit increases it. Think of debit as a subtraction and credit as an addition in your financial records.
What is balence?
The balance is the difference between the totals of the credit and debit sides of a financial account.
What is the difference between net credit and net debit in financial transactions?
The difference between net credit and net debit in financial transactions is that net credit means the total amount of money received or credited to an account, while net debit means the total amount of money paid out or debited from an account.
What is difference between rural credit and micro credit?
What is the difference between micro credt and rural credit?
What is the difference between installment credit and open ended credit?
the difference between installment credit and open ended credit is they are the same..
Can you explain the difference between debit and credit in terms of financial transactions?
Debit and credit are two sides of the same coin in financial transactions. Debit means money is being taken out of an account, while credit means money is being added to an account. Debit decreases the balance, while credit increases it. Think of debit as a subtraction and credit as an addition in your financial records.
What is the difference between a bank loan and a bank credit?
What is the difference between bank loan and bank credit?
What's the difference between debit and credit in terms of financial transactions?
Debit is when money is taken out of an account, reducing the balance, while credit is when money is added to an account, increasing the balance.
Explain the difference between a cash and credit transaction for purchass and sales?
explain the difference between cash and credit transaction
What is the difference between credit shelter trust and irrevocable trust?
What is the difference between credit shelter trust and irrevocable trust?
How is Whatcom Educational Credit Union different from other financial institutions?
Whatcom Educational Credit Union has a few differences from other financial institutions. The main difference is that Whatcom Educational Credit Union is a nonprofit organization.
Credit union and banks provide the same types of financial services?
Credit unions and banks provide many of the same financial services. The main difference between them is that credit unions usually have some requirement that is necessary for a person to become a member. Such requirements can range from living in a certain area to working in a certain industry or company.
Is there any difference between a credit profile number and a secondary credit number?
Yes, there is a difference between a credit profile number and a secondary credit number. A credit profile number, often referred to as a credit report number, is associated with an individual's credit report and is used by lenders to assess creditworthiness. A secondary credit number, on the other hand, is typically used in specific contexts, such as for identity verification or alternative credit assessments, and may not be directly linked to traditional credit reporting. It's important to understand the purpose and usage of each in financial transactions.
