TACKLING CURRENT ACCOUNT DEFICIT IN INDIA INTRODUCTION There has been a sharp increase in the Current Account Deficit in Indian economy. In previous years the current account deficit increased moderate rate but in the fiscal year of 2011-12 there was sharp increase in current account deficit‚ marking a rise to nearly 4.2 per cent of GDP. High current account deficit has always posed serious implications for an economy and therefore for India it is a matter of concern. This research paper deals with
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Accounting Information Systems FINAL STUDY Chapter 7 The accounting cycle begins with a transaction by the customer to purchase a product and ends with the closing of accounts for the next period in the accounting cycle The methods for accounting for the accounting cycle are through Journals‚ Ledgers and Trial balances and financial statements. AIS use numeric or alphanumeric codes to record‚ classify‚ store and retrieve financial data There are 4 types of codes they are Mnemonic codes‚ sequence
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Traditionally Accounts were of 3 type:- 1. Personal Accounts- All individual & artificial accounts. Individual accounts like Ram’s a/c‚ Rakesh’s a/c. Artificial A/cs like M/s Sultan chand’s a/c‚ HDFC Bank’s a/c etc. and outstanding and prepaid accounts fall under this. Rule- Dr. the receiver Cr. the giver 2. Real Accounts- All assets‚ tangible & intangible come under this. Tangible assets like land & building‚ plant & machinery‚ furniture etc. and Intangible assets like goodwill‚ patents
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following members. It should contain data members to store a bank customer’s balance and account number. These should be of different and appropriate data types. It should have function members that do the following: set the account number; return the account number; return the account balance; deposit money into the account; and withdraw money from the account. STEP 2: Create the CheckingAccount Class Derived From the BankAccount Class Back to
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How to Open a Savings Account in State Bank of India. State bank of India is one of the leading public sector banks in India. My first savings bank account was in SBI and I can say by experience that it offers best services among the public sector banks I had visited so far. If you are looking for getting a savings account opened in State bank of India‚ this post will certainly help you. Documents required for opening a savings account in SBI-Two documents are required essentially- first is photo
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Reaction Paper in Opening an Account Opening bank account today would seem so easy. We can easily avail of a wide range of deposit products that answer our needs for greater accessibility to our funds‚ value-added features‚ competitive rates and convenience. Upon opening an account to the bank (RCBC)‚ the bank gave me a registration form that includes details and some basic information about my identity. Honestly‚ I find it uneasy to fill up those forms because of lots of information it requires
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History October 11th‚ 2013 The Crusades: Motivation behind the Movement. Patrick Geary’s “Readings in Medieval History” contains four accounts of the invasion of the Middle East by the Europeans in 1095 A.D. These accounts all cite different motives for the first crusade‚ and all the accounts are from the perspective of different sides of the war. The accounts all serve to widen our perspective‚ we hear from the Christian and Middle Eastern side of the conflict. Fulcher of Chartres claims‚ Pope
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guilty of doing something wrong” (Merriam-Webster). Culpability is a reoccurring theme in many literary works. In Laila Lalami’s novel‚ The Moor’s Account‚ the theme of culpability is displayed throughout the novel’s entirety. Culpability is displayed through the overall events of the Narvaez expedition‚ Mustafa’s religion‚ and Cabeza de Vaca’s account of the expedition. The overall events of the Narvaez expedition display the theme of culpability very well. The main purpose of the expedition was
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The Best Alternative To Accounts Software Tally One of the best alternatives to Accounts Software Tally is Peachtree Accounting Software by Sage. It is one of the most popular softwares for small business owners. With a clear understanding of what it takes to manage a business‚ they recognize that Peachtree accounting software offers them both insight and clear reporting to make better business decisions in a timely manner. Tailored to the small business owner‚ the Peachtree suite of products
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In his book Signs from the Unseen Realm and Buddhist Miracle Tales in Early Medieval China‚ Robert Campany presents numerous account of Buddhist miracle tales from Wang Yan’s Records of Signs from the Unseen Realm. In the following four records of miraculous events‚ one can observe many elements of traditional Confucian and Daoist beliefs. In the 11th account‚ a wealthy man named Di Shichang is described to have secretly constructed an oratory in his home and made offerings of food to support
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