I am 32 year old, earning 1.8 lac a month (after tax) in Bangalore with no outstanding debt or bank loan. What are some of the good investment options for me keeping in mind the cost of living in Bang What amount is charged by the SBI Bank if a cheque bounces? How do ...
An outstanding check is a check that a company has issued and recorded in its general ledger accounts, but the check has not yet cleared the bank account on which it is drawn. This means that the bank balance will be greater than the company’s true amount of cash. Example of an Outst...
Definition of Outstanding Deposit An outstanding deposit refers to a company’s receipts (cash, checks from customers, etc.) which have been recorded in the company’s general ledger accounts, but the amount does not yet appear on the bank statement. An outstanding deposit is also known as a...
Outstanding balance is the total amount owed on a credit card on the particular day and time you check your account.
While similar, they differ slightly—fine suggests a lesser degree of good, often implying that something is acceptable or satisfactory but not outstanding. On the other hand, excellent indicates a higher level of quality, implying something is truly exceptional. Choosing the right word matters. ...
When the check is cashed or deposited, it is no longer considered outstanding, and the payor can reconcile the payment with the pending transaction. However, if the payee delays depositing the check, then the payment does not clear the payor’s account. The amount of the check still cannot...
An outstanding balance on a credit card is the amount of money you owe the minute you check your account. This amount includes all charges on your account you have not paid for, including recent purchases you may have just made. Your credit card’s outstanding balance can also include any...
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Causes of the bullwhip effect Companies must forecast customer demand based on insufficient demand information and try to predict how much product customers will actually want while accounting for the complex factors that enable that amount to be delivered correctly and on time. At every stage of th...
The credit cardholder, on the other hand, is not responsible for the disputed charges; the amount is usually deducted immediately and restored only if the dispute is withdrawn or settled in the merchant’s favor. Though some credit and debit card providers offerzero liability protectionto their ...