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What is the difference between the outstanding balance and the payoff amount on my account?
The outstanding balance is the amount you currently owe on your account, including any unpaid charges and fees. The payoff amount is the total amount needed to pay off your account in full, which may include additional fees or interest that have accrued since your last payment.
What else can I help you with?
What is the difference between the principal balance and the outstanding balance on a loan?
The principal balance is the original amount borrowed, while the outstanding balance is the amount still owed on the loan after payments have been made.
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 the remaining statement balance and the statement balance on my account?
The remaining statement balance is the amount left to pay after the statement balance has been paid. The statement balance is the total amount due on your account at the end of the billing cycle.
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.
What is the difference between the principal balance and the current balance on a loan or account?
The principal balance is the original amount borrowed or invested, while the current balance includes any additional charges or payments made since the loan or account was opened.
Difference between outstanding balance and Statement Balance?
speelling
What is The difference between total payments and total charges to an account is called?
The difference between total payments and total charges to an account is called the account balance. If total payments exceed total charges, the balance will be a credit, indicating a surplus. Conversely, if total charges exceed total payments, the balance will be a debit, reflecting an outstanding amount owed. This balance is essential for understanding the financial status of the account.
The difference between an asset account and its contra account balance is called?
net balance
What is the difference between the principal balance and the outstanding balance on a loan?
The principal balance is the original amount borrowed, while the outstanding balance is the amount still owed on the loan after payments have been made.
What is the difference between the two sides of an account called?
Account Balance
What is The Difference between total debits and credits to an account called?
The Account balance.
What is the difference between saving account and salary account in bank?
In Salary Account 0 balance is allowed and in saving account minimum balance required
The difference between the balance of a fixed asset account and the related accumulated depreciation account is termed?
Net Fixed Assets is the term used for the difference between the balance of a fixed asset account and the related accumulated depreciation.
Difference between ledger balance and available balance?
The available balance refers to the cash that can be withdrawn from the given account. The ledger balance on the other hand refers to the amount that is available in the account.
Alice had an ending balance of 546.78 outstanding deposits totaling 412.39 and outstanding checks totaling 872.63. How much additional money does she need in her account to pay the telephone bill whic?
To determine how much additional money Alice needs, we first calculate her net balance by subtracting her outstanding deposits and checks from her ending balance. Her adjusted balance is 546.78 + 412.39 - 872.63 = 86.54. If the telephone bill exceeds this amount, she will need the difference between the bill and 86.54 to cover it.
The difference between the balance of a fixed asses account and the related accumulated depreciation account is termed?
Book Value
What is balence?
The balance is the difference between the totals of the credit and debit sides of a financial account.
