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A bank balance is the amount by which a current account is in credit or deficit.

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Q: What is a bank balance?
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Related questions

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.


What would you use to check your bank balance at the bank?

Check my balance


Can you check your bank account balance?

I want to check my A/c


If a balance in the bank account is overdrawn on what side is the balance brought down?

bank


Who is responsible for confirmping your bank account balance?

who is responsible for confirming your bank account balance


Which balance goes to the balance sheet cash book balance or bank balance?

You use the cash book balance. The bank balance on the bank statement is just used to reconcile to the cash book balance to see what is due to clear after the reporting period and verify that the cash book balance is correct.


What does it means if sundry creditor hava a debit balance and credit balance?

If someone has a creditor and has a debit balance and a credit balance this means they have a bank account. The bank account provides the debit card and the bank provides the credit balance.


What are the common sources of difference between the balance per book and the balance per bank statement?

Balance per book is company's record and balance per bank is banks record on the bank reconciliation.


How do you check balance in account of maharashtra bank?

Yes we can check our balance in account of bank of maharashtra


The process of analyzing the different between the bank statement balance and the checkbook balance is?

Bank reconciliation


What is tahabil balance in bank cash book?

what is tahabil balance column in bank cash book


Do banks balance sheets have current liabilities?

Do you mean: can a bank balance be a liability? If so, yes. If a bank balance is an overdraft then that balance should be shown in current liabilities.