the detail of daily deposit tickets made by the clerk. 2. Trace a sample of customers’ accounts from journal to ledgers. 3. Investigate debit entries in the general ledger cash account other than from the cash receipt journal and examine supporting documents. 4. Trace the postings of the deposit slips to the subsidiary accounts receivable ledger. 5. Observe the accounts receivable clerk counting cash receipts‚ posting from journal to subsidiary ledger‚ and mail the deposits to the bank. 6.
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Alluvial fan- a fan shaped deposit of sediment formed when a streams slope is abruptly reduced * Playa lake- a flat area on the floor of an undrained desert basin (playa) that fills and becomes a lake after heavy rain 7.2 outline * Weathering in Deserts: Although chemical weathering occurs in deserts‚ mechanical weathering is far more dominant in shaping desert landscapes. * Water in Deserts: In desert‚ water collects in streams and rivers that can deposit alluvial fans‚ forms playa
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government‚ which does most or all of the following: receives demand deposits and time deposits‚ honors instruments drawn on them‚ and pays interest on them; discounts notes‚ makes loans‚ and invests in securities; collects checks‚drafts‚ and notes; certifies depositor’s checks; and issues drafts and cashier’s checks. Features of Bank: • Money Dealing • Acceptance of Deposit • Grant of loan and advances • Payment and withdrawal of deposits • Transfer of funds • Portfolio management • Foreign Exchange
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Question 1 .0.5 out of 0.5 points Since M-2 excludes time deposits‚ M-2 is a less comprehensive measure of the money supply than M-1. Selected Answer: Correct2. False Answers: 1. True Correct2. False . Question 2 .0 out of 0.5 points When individuals withdraw cash from checking accounts‚ the money supply is unaffected. Selected Answer: Incorrect1. False Answers: 1. False Correct2. True . Question 3 .0.5 out of 0.5 points Only paper can perform the function
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Agriculture Banking Sector of Cambodia (1) Banking Banks are very liquid (loans to deposits ratio is about 65%) Banks Bank resources are mainly short-term: almost all deposits Bank and loans are short-term‚ less than 1 year and in USD Public confidence in the banking system is recovering Public The total assets grew from US$1.4 billion in 2005 to US$3.5 The billion in 2007. In 2007‚ Loans and Deposit increased 75% and 77%‚ In respectively. Banking
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6 7 Deposits Account opening Deposits Withdrawals Interest calculation & payment Standing data Account Opening ◦ Money laundering‚ proceeds of crime and fraud are a risk to any bank ◦ At the account opening stage identity verification is vital ◦ Many laws and regulations so there’s likely to be a large compliance element to the account opening process ◦ Need to think about sales channels branch/postal/internet etc Deposits Customer deposits money Bank records deposit How much?
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PROFESSIONAL DEVELOPMENT AP® Macroeconomics Monetary Policy Curriculum Module The College Board The College Board is a not-for-profit membership association whose mission is to connect students to college success and opportunity. Founded in 1900‚ the College Board is composed of more than 5‚700 schools‚ colleges‚ universities and other educational organizations. Each year‚ the College Board serves seven million students and their parents‚ 23‚000 high schools‚ and 3‚800 colleges through
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will increase in response to a new cash deposit of $500 by completing the accompanying table. (Hint: The first row shows that the bank must hold $100 in minimum reserves — 20% of the $500 deposit — against this deposit‚ leaving $400 in excess reserves that can be loaned out. However‚ since the public wants to hold 50% of the loan in currency‚ only $400 × 0.5 = $200 of the loan will be deposited in round 2 from the loan granted in Round 1.) Round Deposits Required reserves Excess reserves Loans
Free Monetary policy Federal Reserve System Central bank
many uncounted ways. One important thing that can affect the environment is that the volcanic soils help the environment in many ways. In the story “Volcanic Soils” it states“ Volcanic eruptions produce rock and ash in the surrounding area. These deposits are rich in minerals‚ but the minerals are not immediately available to plants. Depending on the location of the volcano‚
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IJEMR – November 2011-Vol 1 Issue 6 - Online - ISSN 2249 – 2585 - Print - ISSN 2249 - 8672 A Study on People’s Preferences in Investment Behaviour *N. Geetha **Dr. M. Ramesh *Research Scholar‚ Dept. of Business Administration‚ Annamalai University. **Associate Professor‚ Dept. of Business Administration‚ Annamalai University‚ India. ABSTRACT There are a lot of investment choices and one must select the most appropriate one. The person dealing with the planning must know all the various investment
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