Answered: For the month of January 2024, PBB… bartleby?

Answered: For the month of January 2024, PBB… bartleby?

WebA compensating balance is a balance that must be kept with a lender in order for a borrower to qualify for a line of credit or instalment loan. Effectively it acts as … WebA: Compensating Balance Compensating Balance is refer as the minimum amount of the money which are…. Q: The account type and normal balance of Prepaid Expense are. A: All expenses, losses, and assets should be debited … at-act lego WebA: Compensating balance refers to the minimum amount that must be kept by a borrower in his/her bank… question_answer Q: Identify which item is not one of the six parts of the financial system. WebDec 21, 2024 · Let’s take a closer look at what a compensating balance is and how it works, so you can understand how it may apply to your situation. Definition and Example of a Compensating Balance The balance you agree to maintain with a lender as a borrower is known as a compensating balance. It’s intended to reduce the cost of lending for the … at actor lottery result The borrower who agrees to hold a com… The compensating balance is usual… For the borrower, the compensating bal… A loan with a compensating balanc… The compensating balance cuts down o… Accounting rules for financ… See more A compensating balance is a minimum d… The requirement for a compensatin… Agreeing to a compensating balance all… The compensating balance offsets t… See more atac toucy telephone Web: to undergo, experience, or engage in psychological or physiological compensation his aggression was an attempt to compensate for inherent passivity Legal Definition

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