Examlex
Find the limit.
Previous Balance
The amount of money that was in an account or owed at the end of the last billing cycle.
Cycle Closing
The process of finalizing all transactions at the end of an accounting period to prepare for financial reporting.
Finance Charge
The total cost, including interest and other fees, associated with borrowing money or extending credit.
Previous Balance
The amount of money owed or available in an account before the latest transactions.
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