When you pay the credit card bill, you would record a decrease in the cash asset account on the balance sheet and a decrease in the "accounts payable" account on the balance sheet.
This deal, which was paid for mostly in cash, is the main reason that Royal Bank's balance sheet is so stretched (although writedowns on the value of credit derivatives have not helped).
这笔交易几乎完全是现金交易,这也是皇家银行收支表上捉襟见肘的主要原因。
3
I want to cash the balance of a traveler's letter of credit.