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  2. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    Debits and credits in double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions. A debit entry in an account represents a transfer of value to that account, and a credit entry represents a transfer from the account. [ 1][ 2] Each transaction transfers value from credited ...

  3. Quicken Interchange Format - Wikipedia

    en.wikipedia.org/wiki/Quicken_Interchange_Format

    Quicken Interchange Format. Quicken Interchange Format. Filename extension. .qif. Developed by. Intuit. Quicken Interchange Format ( QIF) is an open specification for reading and writing financial data to media (i.e. files ).

  4. Bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Bookkeeping

    Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. [ 1] It involves preparing source documents for all transactions, operations, and other events of a business. Transactions include purchases, sales, receipts and payments by an individual person, organization or ...

  5. What to know before closing a credit card with a balance - AOL

    www.aol.com/finance/know-closing-credit-card...

    While a credit card account that’s closed in good standing can stay on your credit reports for 10 years and help your credit score as a result, closed accounts with late payments or other ...

  6. Double-entry bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Double-entry_bookkeeping

    Accounts clerk. v. t. e. Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information. Every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding ...

  7. What Is A Balance Transfer Credit Card and How Do They Work - AOL

    www.aol.com/balance-transfer-credit-card...

    With a balance transfer credit card, you can transfer existing debt from other accounts, usually for a fee. Typically, balance transfer credit cards offer qualified borrowers a 0% APR introductory ...

  8. Payment card number - Wikipedia

    en.wikipedia.org/wiki/Payment_card_number

    A payment card number, primary account number ( PAN ), or simply a card number, is the card identifier found on payment cards, such as credit cards and debit cards, as well as stored-value cards, gift cards and other similar cards. In some situations the card number is referred to as a bank card number.

  9. Current account (balance of payments) - Wikipedia

    en.wikipedia.org/wiki/Current_account_(balance...

    The current account is an important indicator of an economy's speed. It is defined as the sum of the balance of trade (goods and services exports minus imports ), net income from abroad, and net current transfers. A positive current account balance indicates the nation is a net lender to the rest of the world, while a negative current account ...