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  2. What is an outstanding balance on a credit card? - AOL

    www.aol.com/finance/outstanding-balance-credit...

    Key takeaways. Your current balance (or outstanding balance) and statement balance are two entirely different figures. But your current balance and statement balance can occasionally align ...

  3. QuickBooks - Wikipedia

    en.wikipedia.org/wiki/QuickBooks

    QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.

  4. Accounts receivable - Wikipedia

    en.wikipedia.org/wiki/Accounts_receivable

    Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an established timeframe, called credit terms [citation needed] or payment terms.

  5. Balance (accounting) - Wikipedia

    en.wikipedia.org/wiki/Balance_(accounting)

    In banking and accounting, the balance is the amount of money owed (or due) on an account. In bookkeeping, "balance" is the difference between the sum of debit entries and the sum of credit entries entered into an account during a financial period. [1] When total debits exceed the total credits, the account indicates a debit balance.

  6. Statement balance vs. current balance: What’s the difference?

    www.aol.com/finance/statement-balance-vs-current...

    Pay the current balance: This covers your statement balance plus any charges you’ve made since the end of the billing cycle. It will bring your balance to $0, which is good, but not necessary to ...

  7. Credit Card Statement Balance vs. Current Balance: What ... - AOL

    www.aol.com/news/credit-card-statement-balance...

    The reason for the discrepancy is that your statement balance is the amount you owe on the closing date of the last billing cycle. Credit cards aren't always easy to figure out, but I promise this ...

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