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What does a credit balance on partner's current account mean?
current liability
What does it mean when your credit report states that you have a paid closed collection account on you credit report?
The original account with a normal credit company went to a third party collection agency. Only after it went to the collection agency was the debt paid and then the account closed.
What does dormant accounts mean?
A dormant account is some sort of account or credit line that is open, but inactive. For instance, I have an equity line of credit with a zero balance. It is dormant.
Does Credit mean the increase side of an account?
what do you mean by increased side? it depends on which account you are talking. in bookeeping entries of a company a credit on its bank account means money going out the business. in a reserve account it means money being added to the reserves! If on the other hand you are talking about a bank account (personal) this normally means depositing.
What does it mean when an accout on your credit report says closed but there is still a balance?
One of two things. First, you still owe the money. but you can not use that credit account anymore. or Second, you have paid off the account and the creditor has not notified the credit bureaus that you have paid this account in full. If it is paid in full, I suggest you notify the credit agencies.
What does CR mean on a bank account?
credit
What do you mean by operating cash credit ac?
openinng cash credit its every time credit by account
What does a credit score of 9001 mean?
Account holder deceased
What does settled mean on your credit report?
A credit report will show that an account is either active or settled. If the account is settled, it means that it has been paid and is closed.
What does accounts mean?
A dormant account is some sort of account or credit line that is open, but inactive. For instance, I have an equity line of credit with a zero balance. It is dormant.
What do parentheses mean in a account balance?
That means that you have a credit on your account. So you don't have to pay anything to the credit card company because you paid too much, or you got a credit for something returned.
What does a credit balance on partner's current account mean?
current liability
What does it mean when your credit report states that you have a paid closed collection account on you credit report?
The original account with a normal credit company went to a third party collection agency. Only after it went to the collection agency was the debt paid and then the account closed.
What does dormant accounts mean?
A dormant account is some sort of account or credit line that is open, but inactive. For instance, I have an equity line of credit with a zero balance. It is dormant.
what does account number must be numeric mean?
It means you have to put the number of your account, like credit card number .
What kind of account for credit cards?
A credit account
What does cash in the bank mean?
It means you bank account is in credit, you have money to spend.
