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Billing statement

QuestionAnswer
Account Number Code which identifies the account holder. Unique combination of letters, numbers, or both.
Account Summary Previous balance, payments received, new charges, current balance
Balance The unpaid amount, or the amount of money the customer owes the provider
Usage/Transactions A record of all the activity in the account. Includes purchases or usages. Includes credits to the accounts.
Minimum payment The amount you must pay to remain in good standing with your creditor.
Due date The date that payment must be received by creditor to avoid penalty
Remittance Information Tells how to make your payments
Account Is a record of financial transactions
Billing statement Tells how much money you owe for goods purchased or services used
Types of bills Utility, Phone, Credit card, Housing
Created by: mrscbrown
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