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Earn +20 ptsQ: What does it mean when you have a negative supplier balance?
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What does a number in parentheses mean when you check your balance on a card?
This means you have a negative balance.
Why does a negative number subtracted from a negative number equal a positive number?
Lets say you are in debt to a bank and have a negative balance. If I subtract that balance (take the negative balance off you) then you have gained money. That is the easiest way to imagine it. I do understand mathematical concepts are not alwys easy to understand.
Can you have a positive revenue but negative in expenses?
Yes. For example if a supplier gives you a refund or a cash incentive to shop with him/her.
Where do you find positive and negative numbers in finance?
In a company balance sheet.In a company balance sheet.In a company balance sheet.In a company balance sheet.
What does a minus balance on acredit card mean?
If your credit (not debit) card has a negative balance on your statement, then there is an overpayment (you paid more than you owe). So now they owe you money. This is usually applied towards future charges.
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