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2. 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.

3. Transaction account - Wikipedia

   en.wikipedia.org/wiki/Transaction_account

   v. t. e. A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share account at credit unions, is a deposit account or bank account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by ...

4. Bank account - Wikipedia

   en.wikipedia.org/wiki/Bank_account

   A bank account is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. Each financial institution sets the terms and conditions for each type of account it offers, which are classified in commonly understood types, such as deposit accounts ...

5. Here’s How Often You Should Check Your Checking Account ...

   www.aol.com/finance/often-check-checking-account...

   When reviewing your checking account balance, the final thing to do is determine if you’re on track with your financial goals. Your daily and weekly spending habits will dictate your savings and ...

6. What is a checking account? - AOL

   www.aol.com/finance/checking-account-174644492.html

   A checking account is fundamental for making day-to-day financial transactions, while a savings account is a good place for funds set aside for emergencies, or financial goals such as a vacation ...

7. How much should you keep in a checking account? Finding ... - AOL

   www.aol.com/finance/how-much-in-checking-account...

   Instead, it’s best to keep your emergency fund in a high-yield savings account (HYSA), where you can earn yields of 4.00% to 5.00% APY or higher on your deposit — more than 10 times the ...

8. Debits and credits - Wikipedia

   en.wikipedia.org/wiki/Debits_and_credits

   A more specific definition in common use is an account with a balance that is the opposite of the normal balance (Dr/Cr) for that section of the general ledger. [34] An example is an office coffee fund: Expense "Coffee" (Dr) may be immediately followed by "Coffee – employee contributions" (Cr). [35]

9. What is a high-yield checking account? Earning interest and ...

   www.aol.com/finance/what-is-high-yield-checking...

   A high-yield or high-interest checking account is a type of checking account that offers an annual percentage yield — or APY — on your balance. Unlike a traditional checking account, a high ...