The relationship between a banker and a customer is as follows: 1. Contractual Relationship: The contract takes place the moment an account is opened by a customer with a bank and this contract remains valid till the customer operates his account as per the terms and conditions agreed between them. 2. Debtor and Creditor Relationship: When a customer opens an account with a bank and maintains a credit balance‚ the banker assumes the position of a debtor and the customers assumes the role of a
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To run a business needs cash. Cash Budget is a record of cash transactions that comes in and out of the business for a specific period of time. This helps in assessing the entity’s financial health whether there are sufficient cash for operations or too much cash are used. It also serves as a purpose of decision making on what amount of money can be granted to a creditor to avoid any liquidity in the business. Cash budget only records strictly cash movements. For example‚ Depreciation is not
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Profits With no Cash University Dr. Sep 10‚ 2014 Profits With no Cash It is regularly a common thing in business to make profits without having any cash due to several aspects of business. This is happening by the non-cash flow adjustments that are recorded as transactions while no cash flows are involved. It is possible to make business transactions without cash involvement. In credit transactions‚ cash is not usually transacted but the transactions are usually recorded therefore if
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World War period has given rise to events that are significant to the understanding of the connection between capitalism and empires. Additionally‚ how this relationship influences not only the understanding of global history but also how they have shaped the outlook of society today. This essay will be comprised of two main sections‚ the first will introduce empires‚ capitalism and their relationship‚ as well as answer the question why is the period after 1945 significant. The second section will use
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LECTURER :MR D. NYATHIDUE DATE : 01 MARCH 2013EMAIL ADDRESS : emmanuelrmarabuka@ymail.com QUESTION : The relationship between HIV and AIDS and Poverty is synergistic and symmetrical in nature”. Comment. [25] | HIV and AIDS are issues of concern worldwide they are associated by many implications which affect negatively in human lives. HIV and AIDS are mainly spread
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our destination brings no joy either because usually there is no place to park. So when we go to town‚ we go in pairs‚ one to drive and the other to get down to do whatever is necessary. Otherwise we stay home and avoid the irritation. The second most irritating thing is inconsiderate people. Examples are people who throw rubbish on sidewalks‚ roads and out of moving cars. Out of sight and out of mind for them‚ but how about others who have to put up with the rubbish or clean it up ? Sadly the worst
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The Relationship Between Positive Adolescent Attitudes Toward Reading and Home Literary Environment Kelly Partin Bowling Green State University Cindy Gillespie Hendricks Bowling Green State University While factors known to positively affect attitudes toward reading have been investigated‚ the relationship between attitudes toward reading and home literary environments‚ particularlywith older students‚ needs to be more fully explored. This investigation focused on the nature of the relationship
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Cash Management Cash management has become a critical part of the business operation today. Quicken software is no longer enough for businesses to keep track of financial results and manage the cash flow. There are various cash management techniques that can help business manage their cash better. It is essential to make sure that a company has enough cash flow to keep the operations running smoothly. This paper will compare and contrast the various cash management techniques and short-term financing
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Relationship between the IFRS and the FASB Hadassah Moore ACC/541 May 14‚ 2013 Instructor: Sonja Wilson Relationship between the IFRS and the FASB The principle of accounting dates backs thousands of years to a time where those in positions of governance wanted to make others aware of their growth and progress. Shift forward‚ and now the principles of accounting have moved towards an interest in investments and creating wealth for all those who hold stock within the company. This has led
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Hamlet is a tragedy and one of the most famous plays by William Shakespeare. The story is about the revenge of Prince Hamlet on his uncle Claudius‚ who has murdered Hamlet’s father‚ the King‚ and then taken the throne and married Hamlet’s mother. In this play‚ Gertrude is Hamlet’s mother and Queen of Denmark. Her relationship with Hamlet is somewhat turbulent‚ since he resents her for marrying her husband’s brother Claudius after he murdered the King (young Hamlet’s father‚ King Hamlet). Gertrude
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