BANK ACCOUNT: A bank account is a financial account which tells you details or records of all the financial transactions that occurs between bank and the customer and also the financial state of the customer after that. There is a process of opening an account which is as follow: 1. The Type of Bank Account which you wish to open: There are following types of accounts like fixed deposit account‚ saving account and the current account. You choose any of them according to your need. 2.
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Management Competitive Shoes Simulation Game Generic Competitive Strategy There are many strategies that organizations can incorporate in today’s business environment. An organization can decide to take on a low-cost provider strategy‚ a focused low-cost strategy‚ broad differentiation strategy‚ focused differentiation strategy‚ and/or a best-cost provider strategy. While all of them have their own unique features and can offer a competitive advantage over its rivals‚ Competitive Shoes‚ Inc. decided
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$600000 and a hand tools expense of $150000 in its profit and loss account. (5 marks) 2. The cash book of Ronald Limited showed a favourable bank balance of $98777 at 30 April 2001. An examination of the bank column in the cash book and the bank statement disclosed the following: iii. Dividends amounting to $752 had been credited by the bank but not entered in the cash book. iv. The bank had credited the company’s account with $3725 being the proceeds of a bill receivable. This amount
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one period of time. | | | |b. estimates should not be made if a transaction affects more than| | | |one time period. | | | |c. adjustments to the enterprise ’s accounts can only be made in | | | |the time period when the business terminates its operations. | | | |d. the economic life of a business can be divided into artificial | | | |time periods.
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Haise‚ and Jim Lovell train for this moment in the NASA program‚ but alas Apollo 13 is the first aborted Apollo mission. There are scarcely words that can describe the disappointment of these three men‚ but at the time‚ that was only a minor adversity during their space mission. The malfunctions of the lunar module Aquarius not only surprise Houston‚ but it leads the crew to experience many close encounters with death. In Apollo 13‚ director Ron Howard shows that in times of desperation‚ people must
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Accounts Receivable Management Accounts receivable are amounts owed by customers on account. They result from the sale of goods and services. They are generally expected to be collected within thirty to sixty days and are the most significant type of claim held by a company. There are two costs associated with extending credit to customers: 1. The cost of the selling company not being able to deposit the monetary value of a completed sale in its bank that is‚ as a result of not collecting cash
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Demat‚ in India‚ refers to a dematerialised account. For individual Indian citizens to trade in listed stocks or debentures. The Securities Exchange Board of India (SEBI) requires the investor to maintain a Demat account. In a demat account shares and securities are held in electronic form instead of taking actual possession of certificates. A Demat Account is opened by the investor while registering with an investment broker (or sub broker). The Demat account number which is quoted for all transactions
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Who Owns Your Company’s Social Media Accounts? Some business assets are easy to spot: a company car or fax machine‚ for example. Others are intangible‚ like a bank account or line of credit. And then there is one item that is just emerging as a recognized business asset: social media accounts. Yes‚ a business can “own” its social media presence. Online accounts for Facebook‚ Twitter‚ LinkedIn‚ and so on are valuable resources and‚ increasingly‚ businesses are struggling with determining to whom
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bank account in one of the countries in which PayPal operates‚ even if he or she does not have a PayPal account. Opening a PayPal account is very straightforward. You just need to go to the PayPal website (see References below)‚ put in an email address and choose a password. Once you are allowed into the PayPal system‚ you will be required to enter your bank account information‚ which will then be verified. You can then fund your PayPal account by transferring money from your bank account once both
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Al-Awfar Savings and Investment Account-i? Al-Awfar is a unique savings and investment account based on the Mudharabah‚ a contract of profit-sharing. 2. What is the meaning of Al-Awfar? Al-Awfar means “prosperous investment”. 3. What is the difference between Al-Awfar Savings Account and Investment Account-i and the normal Bank Islam Savings Account-i and General Investment Account-i (GIA)? Al-Awfar Savings and Investment Account-i is a rewarding account that offers a host of additional
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