Was told by a BofA rep that it was a subsidiary.
A subsidiary ledger is a group of similar accounts whose combined balances equal the balance in a specific general ledger account. The general ledger account that summarizes a subsidiary ledger's account balances is called a control account or master account. For example, an accounts receivable subsidiary ledger (customers' subsidiary ledger) includes a separate account for each customer who makes credit purchases. The combined balance of every account in this subsidiary ledger equals the balance of accounts receivable in the general ledger. Posting a debit or credit to a subsidiary ledger account and also to a general ledger control account does not violate the rule that total debit and credit entries must balance because subsidiary ledger accounts are not part of the general ledger; they are supplemental accounts that provide the detail to support the balance in a control account.
Citibank, as a financial institution, does not have a bankruptcy address since it is not currently in bankruptcy. If you are looking for information related to a specific bankruptcy case involving a Citibank customer or subsidiary, please provide more details. For general inquiries, you can contact Citibank's customer service for assistance.
Citibank is a subsidiary of Citigroup
No. They are separate companies.
No, Duke University is a private institution chartered by the State of North Carolina.
A subsidiary account is an account that is found in the subsidiary ledger. It is used to summarize the control account.
What is another word for subsidiary?
Nissan is a subsidiary of Renault.
Subsidiary means: 1. a.) furnishing aid or support (ex: subsidiary details) 1. b.) of secondary importance (ex: subsidiary stream) 2.) of, relating to, or constituting a subsidy (ex: a subsidiary payment to an ally)
Subsidiaries is the plural form of subsidiary.
The plurals form for the noun subsidiary is subsidiaries.
Subsidiaries is the plural form of subsidiary.
An ultimate parent company considered as a parent company of a subsidiary entity, and the subsidiary entity has its subsidiary entity.
majority-owned subsidiary
IBM and Walmart..... biggest example of foreign subsidiary
Methods of control subsidiary legislation