a Dematerialized (or "Demat") account‚ instead of the investor taking physical possession of certificates. A Dematerialized account is opened by the investor while registering with an investment broker (or sub-broker). The Dematerialized account number is quoted for all transactions to enable electronic settlements of trades to take place. Every shareholder will have a Dematerialized account for the purpose of transacting shares. Process for opening a DEMAT account in any bank. Q2 What are
Premium Finance Investment Banking
NATURE OF ACCOUNTS A separate account is maintained for each item in the balance sheet. Transactions may be recorded by entering the amount by which each item is affected into the respective account. The process of recording transactions consists of • T-Accounts. The T-account‚ named for its shape‚ is a convenient way of representing an account on a piece of paper. The T‚ with the account name entered at the top‚ permits transaction information to be entered on either side of the vertical
Premium Balance sheet Asset Bookkeeping
ACCOUNT BALANCES For many purposes‚ it is necessary to determine the balance in an account. This is accomplished by adding the debits‚ credits‚ and determining the difference between the two sums. An account is said to have a debit balance if the sum of the debit entries to that account exceeds the sum of the credit entries. Conversely‚ an account has a credit balance if the sum of the credit entries exceeds the sum of the debit entries. Asset accounts normally have debit balances inasmuch as
Premium Bookkeeping Accounts receivable Balance sheet
Organisational culture differentiates organisations from others. Often described as “the way we do things” Identify and explain Charles Handys 4 different cultures Power culture is a dominant culture where a small group or individual determines the culture. It’s like a web with a ruling spider and power and influence are spread out from the central figure or group. A role culture is where organisations are controlled by procedures and role descriptions. This type of culture is where everyone does
Premium Management Government Structure
Michael Garuba Differentiate Modernism from Post Modernism Modernism‚ in literature‚ is the basic concept of new methods through new reasoning. During the renaissance period of English history‚ the traditional values of Western civilization‚ which the Victorians had only begun to question‚ came to be questioned seriously by a number of new writers who saw society breaking down around them. The world was being looked at from a new perspective‚ mostly scientifically. Traditional literary forms
Premium Postmodernism Jacques Derrida Modernism
What defines and differentiates leadership in quality management? What is ’Quality Leadership’? The fundamental foundations of Quality‚ the teachings of the Gurus‚ are all based on organizational leadership with an ethical core focusing on people‚ social responsibility and quality of work life. In 2005 a national study of 1‚374 individuals regarding US leadership conducted by the Center for Public Leadership at Harvard University‚ found that “66% of Americans agree that we have a leadership
Premium Leadership Management
National Accounts • Gross Domestic Product (GDP) measures the final value of all goods and services that are produced within a country in a given time period. • There are 4 types of expenditure: 1. 2. 3. 4. Consumption: expenditure by domestic residents Investment: expenditure by firms on plants & equipment Government purchases: expenditure by governments on goods and services Net exports (exports minus imports): net expenditure by foreigners on domestic goods and services 1 GDP
Premium International economics Balance of payments Balance of trade
go about saving your money. This way you will get an idea of how to save your money in a bank. First I will talk about a checking account. This is a type of account that is widely used by many to easily access their funds. Many different banks offer a wide variety of options. You should always carefully choose your account based on what your needs for the account will be. Another good option to look for is see what the required minimum balance is for each month. From personal experience‚ you need
Premium High school Family Mother
ACC2120 NOTES WEEK 1 – FINANCING COMPANY OPERATIONS When a company is initially formed‚ it will generally need money to fund its set up such as the purchase of property‚ land and equipment as well as financing other operations. There are also legal costs of share issues‚ for any underwriting expenditure and for working capital. Hence it is important that enough money is raised to fund these needs. Companies can do this in several different ways. FIrstlly share issues. Share issues can be in the
Premium Generally Accepted Accounting Principles Accounts receivable Stock market
CXC CSEC Principles of Accounts Exam Guide Section 1: Introduction to Principles of Accounts SPECIFIC OBJECTIVES The students should be able to: CONTENT 1. Explain the concept of accounting; concept of “Accounting” and “Principles of Accounting” 2. State the purpose of accounting; Accounting as a business practice – the purpose of Accounting. 3. Identify the users of accounting information; Internal and external users Accounting information and their needs 4. Outline
Premium Corporation Limited liability company Business