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the statement balance is nothing more than the balance of your card at the time the statement was printed.
A credit card is a payment card. It allows the cardholder to pay for goods and services based on the holders promise to pay for them. The cardholder submits their card for payment, the card is accepted digitally for payment and the transaction is completed. The customer leaves with goods or services and then the credit card issuer will process the payment and forward a statement usually once a month to the cardholder.
statement which is properly use in.
Credit card fee will come under Opeating exp in incotme statement
The credit card statement lists all of the purchases a person makes during the month using that card. It shows the total owed, interest owed, and details about the card and purchases.