accounting question for US based freelancer

$10-30 USD

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più di 5 anni fa

$10-30 USD

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if my cycle started on oct 1 and i had zero balance and on oct 10 i spent $100 and on oct 11 i spentb$30 and on oct 22 i took a cash adance of $1 and my cycle closes oct 30 and my due date is nov 15, what would my closing statement say? HOW MUCH INTEREST IS GENERATED? 1) If paid on due date 2) if paid 5 days late DO NOT BID IF YOU ARE IN INDIAPAKUSTAN This is a simple question if you know your stuff. apr 18% cash advance apr 25%

Accounting

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Attivo 6 anni fa

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@stewartjlogan1

Lack of info to answer correctly This all depends on the t & c of your credit card (most cards offer 30 days interest free on both purchase and cash advance). Also depends on the companies cash advance charges Assuming the following - 30 days interest free , and cash advance fee of 3% (min $3) Closing balance would be ($131) plus cash advance fee of ($3) = ($134) 1) Interest added 0 2) interest still 0 but following month you incur late payment fee

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@fieldsjesse

Hi, My name is Jesse, I have read your requirements and quite confident to get you what actually you need and deserve.I would love to have the opportunity to work with you. Please initiate chat to discuss your work in detail. Thank you !

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