What is a current account? Current Account is primarily meant for businessmen‚ firms‚ companies‚ and public enterprises etc. that have numerous daily banking transactions. Current Accounts are cheque operated accounts meant neither for the purpose of earning interest nor for the purpose of savings but only for convenience of business hence they are non-interest bearing accounts. In a Current Account‚ a customer can deposit any amount of money any number of times. He can also withdraw any amount
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slight increase in accounts receivable reflecting the timing of seasonal sales at the end of 2011 as compared with 2010. Although its primary credit risk concentrates on two clients‚ McLane and Wal-Mart‚ its accounts receivable turnover is increasing. It means Hershey’s collection ability is good. Accounts Receivable—Trade In the normal course of business‚ we extend credit to customers that satisfy pre-defined credit criteria based upon the results of our recurring financial account reviews and our
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Section A: Battle.net Account Email Address Enter the email address of the Battle.net account. If this form is to request the transfer of a World of Warcraft or Diablo III game license to a different Battle.net account‚ enter the email address of the destination account and the name of the World of Warcraft license on the following lines. Battle.net Account Email: _______________________________________________________ Destination Battle.net Account Email: _____________________________________________
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Eyewitness Account Everyone has heard of the tragedies and unfortunate events that took place during World War II‚ known as the Holocaust. However‚ not many people really truly understand the depths of torture‚ depression‚ and cruelty that took place during this time. Before reading Auschwitz; A Doctor’s Eyewitness Account by Dr. Miklos Nyiszli‚ I myself did not grasp the concept of what in fact took place several years ago. My history teacher recommended Auschwitz; A Doctor’s Eyewitness Account‚ saying
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ABSTRACT This project work is to design and implement hospital billing system that will reduce cost‚ complaints‚ time and increase efficiency of billing within the hospital. We investigate the St. Joseph’s General Hospital near at cathedral specific in Ozamiz City. Reveals that the manual system of keeping records and billing patients in the hospital has some problems such as using paper and pen to calculate patient’s bills thus increasing cost in the establishment. During our observation
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Report for Macroeconomics by Group 5 “Current Account Deficit – An Indian Perspective” Indian Institute of Management‚ Kozhikode Report by: GROUP 5: Aishwarya Kumar (063) Anirban Bhar (064) Anusha Acharya (071) Nimish Shah (110) Palak Bansal (097) Pratik Agarwal (101) Table of Contents Introduction 3 India CAD – Historical perspective (1991 – present) 7 Case Study 1 - US Current Account Deficit and the 2008 Financial Crisis 12 Case
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Table 1: Aging Schedule of Accounts Receivable AGE OF ACCOUNT | BALANCE OUTSTANDING | % OF TOTAL BALANCE OUTSTANDING | 0-15 days | $ 20‚000 | 19.59 % | 16-30 days | 30‚000 | 29.39 | 31-60 days | 40‚000 | 39.19 | 61-90 days | 10‚000 | 9.80 | Beyond 90 days | 2‚071 | 2.03 | TOTAL | $ 102‚071 | 100.0 % | 2. To evaluate the credit quality of Aero-Strip’s accounts receivables portfolio‚ we turn to their average collection period (ACP) and aging of accounts receivable. Knowing the ACP
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paid within 10 days of the invoice date. The maximum amount of interest that can be charged varies by state. 4. Phone customers and start trying to collect the day after a payment is due.Never wait -- let them know that you keep close track of your accounts receivable. 5. Until a customer pays their bills‚ don’t do any more business with them. Do not bend on this rule – you’ll only cause yourself more problems and scuttle any chance of collecting what you’re owed. If you really want to keep doing business
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SCAN DETAILED LIST OF ACCOUNTS RECEIVABLE (4). 4. Scan the detailed list of trade accounts receivable and investigate significant unusual items (e.g.‚ credit balances and zero balances). Done by Date ..../../.. GUIDANCE: When scanning the detailed list of accounts receivable (aged by customer‚ if practicable)‚ the auditor should be
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The Accounts of Eros in the "Symposium" The word love carries with it many‚ many different interpretations. In modern day‚ our views on what is appropriate love is much different from the views from the time of Socrates and Plato. To them love was eros‚ a direct translation of the word love. However‚ the word itself wasn ’t the only thing that was different about love. In Plato ’s "Symposium"‚ there is a celebration for Agathon. He had just won a dramatic contest in Athens‚ Greece two nights ago
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