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If the previous account balance and the current entry posted to an account are both credits, the new account balance is a credit. Adjusting entries must be posted to the general ledger accounts. Temporary accounts are used to accumulate information until it is transferred to the owner's capital account.



Answer :

All of the statements made regarding the accounts, it appears, are accurate.

How can I find out what accounts are active in my name?

You should search your own credit bureaus to determine if somebody has created an account using your name. To check for fraud, keep in mind that you'll need to obtain copies of your credit records from each of the three bureaus (Experian, Equifax, and TransUnion).

Can someone verify the number of bank account I have?

Your Aadhaar number allows anyone to view which banks you have a bank with. With the use of its Bank Mapper website, UIDAI, the organization responsible for issuing Aadhaar, enables users to verify whether their checking account has now been connected to Aadhaar online.

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