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Personal Finances / Credit Cards and Consumer Debt


Subject:  Re: I overpaid; credit card company kept it! Date:  3/21/2019  10:24 AM
Author:  xtn Number:  312516 of 313032

A "credit balance" means that he OWES them the thirty-eight cents. It's on their books in the Credit column of the Accounts Receivable account.

If they adjusted it, and told him not to pay it, then they basically just gave him the money.

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