business. TRANSACTION Feb 1 | Start a business with RM50‚000 cash and shop building RM25‚000. | 2 | Deposit RM25‚000 cash into bank account. | 3 | Bought furniture from CT Furniture Enterprise RM15‚000 by cheque into business. | 4 | Purchase red bulb of RM500 from Harmony Bulb Bhd by cash and cash purchase of RM350 for energy-saver bulb from Eco-life Company | 5 | Buy goods from Philips Sdn Bhd by credit RM8‚000 invoice no1001. |
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July‚ he was ready to dissolve the business and start his university studies. As he was so busy‚ he kept few records other than his cheque book and a list of amounts owed to him by customers. At 31 July‚ Frank’s business account cheque book shows a balance of $690‚ and his customers still owe him $500. During the period‚ he collected $4‚250 from customers. His cheque book lists payments for supplies totalling $400‚ and he still has fuel and supplies that cost a total of $50 on hand. He paid his
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Question 1: Define accounting. Answer : Accounting is a process of identifying the events of financial nature‚ recording them in Journal‚ classifying in their respective ledgers‚ summarising them in Profit and Loss Account and Balance Sheet and communicating the results to the users of such information‚ viz. owner/s‚ government‚ creditors‚ investors etc. According to the American Institute of Certified Accountants‚ 1941‚ “Accounting is an art of recording‚ classifying and summarising in a significant
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customers where the bank appoints an agency to pick-up/Deliver cash‚ pick-up cheque or pick-up/deliver trade documents from the client’s doorstep. Its Convenient No travelling or queuing at the branch Bank within the secure environment of your office No need to break your busy schedule for routine transactions Its hassle free Service offered through reliable service providers Dedicated courier agencies for Cheque pick up Experienced Cash-in-Transit for cash pick-up delivery It’s
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Provide a secure warehouse for goods and raw materials. * Process and pack the goods. * Ship the goods to the buyers. * Meet other financial cost of the business. Types of Pre Shipment Finance * Packing Credit * Advance against Cheques/Draft etc. representing Advance Payments. Pre-shipment finance is extended in the following forms: * Packing Credit in Indian Rupee * Packing Credit in Foreign Currency (PCFC) Requirement for Getting Packing Credit This facility is provided
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TERM PAPER ON ONLINE BANKING SERVICE IN BANGLADESH 1. DEFINITION OF ONLINE BANKING Online banking is a service offered by banks that allows account holders to access their account data via the Internet. In order to take advantage of online banking‚ an account holder would need to meet several technological requirements‚ such as having a personal computer with Internet access and web browser. If those conditions are satisfied‚ online banking can be performed from anywhere in the world. To minimize
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Fully Solved IBPS PO General Awareness Question Paper for Common Written Exam held on 18th September‚ 2011 IBPS had conducted the PO/MT Exam in September 2011 and November 2011 (Supplementary) is which 10 lakh students appeared for the Exam.In this post we are publishing the IBPS PO Question Paper 2011 (General Awareness Section). Candidates appearing for the Upcoming IBPS Exams in 2012 must go through the IBPS General Awareness Questions given below.These questions will give you an idea about
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laughter)‚ and the third is the denouement. The last part which is separated by a line‚ is the closing paragraph added to the fragment of the story in order to come to the conclusion that the victory over the children was full and Speed had passed his ‘ordeal’. At the beginning of the fragment Speed is in nervous condition which is expressed by the epithets: ‘nervous’‚ ‘an atmosphere of subdued expectancy’‚ ‘keenly conscious’; similes: ‘as if he were sitting on a powder-magazine ’. To show the atmosphere
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“CHANGES IN BANKING TOOLS ‚ TECHNIQUES AND REACH DUE TO DOOR STEP BANKING”. A STUDY IN THE REGION OF MUMBAI. Synopsis SUBMITTED TO THE Somaiya Instiute of Management Studies and Research Mumbai UNIVERSITY‚ Maharashtra FOR THE Sem V Project of Masters in Marketing Management By Yuvaraj K Pawar UNDER THE GUIDANCE OF Prof. Dr. Sunil Pillai Somaiya Institute of Management studies and Research Vidyavihar‚ Mumbai‚ Maharashtra TABLE OF CONTENTS |S.NO. |TOPIC
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The Prisoners’ peril Tom Stewart Australian prisoners of war during World War 2 and their horrible ordeal revealed. First of September 1939 the world was about to change again as the Second World War commenced ironically and tragically‚ the events which occurred at the end of WWI were destined to trigger WWII especially when the Treaty of Versailles was put into place. Not everyone was happy with the treaty. Adolf Hitler invaded Poland on 1st September 1939‚ triggering the WWII. Japan then
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