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It means you bank account is in credit, you have money to spend.

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15y ago

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Related Questions

What does csq mean on a mini bank statement?

Cash or Cheque


What does cpt mean on bank statement?

CPT - Cash point (money you have taken out of the cash point)


What does CSH mean on a bank statement?

CSH means cash in bankin


What does CL mean on a bank mini statement?

It's Cash Line...


Is cash in bank- current is part of cash and cash equivalent?

cash in bank is current assests


What does exactly bank reconciliation statement mean?

it means that it show the difference between the cash book and bank statement


What will be the entry in cash book when cheque is paid to bank?

There will be no entry in cash book when cheque is paid into bank if cash was deposited into bank then there will be entry in cash book


How will this entry in three column cash book cash at bank?

Cash deposited will be shown in cash column while bank account will be debited to bank account and balance in bank column of cash book while as this is contra entry "C" will be shown in third column for both cash and bank.


What s mean contra posting?

As per the Accounting Principles, a Contra entry is a transaction involving transfer of cash between one Cash A/c to another (e.g. main cash to petty cash )or one Cash A/c to another Bank A/c i.e., is a transaction indicating transfer of funds from.Cash account to Cash accountCash account to Bank accountBank account to Cash accountBank account to Bank account


What is the function of cash department in a bank?

cash department role in bank


Can I cash a check at this bank?

Yes, you can cash a check at this bank if you have an account with them or if the check is drawn from their bank.


What is bank balance versus cash balance?

bank balance:- A bank balance is that amount which is actually deposited in any of the bank. or the amount which has been credited in your bank account. cash balance: - It is an amount which is there in your hand. i.e., it is otherwise called as cash in hand. or else we can say that the hot cash which is there with you right now is called as a cash balance. conclusion:- bank balance is the amount deposited in bank. and cash balance is the cash in hand.