subtraction in a bank reconciliation: a. Outstanding checks- affects the bank side and represents a subtraction in a bank reconciliation b. Debit memos- affects the book side and represents a subtraction in a bank reconciliation c. NSF checks- affects the book side and represents a subtraction in a bank reconciliation d. Unrecorded deposits- affects the bank side and represents an addition in a bank reconciliation e. Interest on cash balance- affects book side and represents an addition in a bank
Premium Cash Generally Accepted Accounting Principles
A balance sheet‚ like a photo‚ provides a financial picture of a company on a given day and time. It categorizes all of a company’s resources as assets‚ all of its debts as liabilities‚ and all of the owner’s investments as equity. A company uses its assets‚ such as accounts receivable‚ inventory‚ and equipment‚ for manufacturing or purchasing products for sale or to provide a service. A company’s assets are financed by its liabilities (debt) and the owner’s equity (net worth). On a balance sheet
Premium Balance sheet Generally Accepted Accounting Principles Asset
1.6 Industry Analysis Porter’s Five Forces: Assessing the Balance of Power in a Business Situation The Porter’s Five Forces tool is a simple but powerful tool for understanding where power lies in a business situation. This is useful‚ because it helps you understand both the strength of your current competitive position‚ and the strength of a position you’re considering moving into. With a clear understanding of where power lies‚ you can take fair advantage of a situation of strength‚ improve a
Premium Strategic management Management Porter five forces analysis
Balance of Payments MEANING : Balance of payment can be defined as systematic record of all economic transactions between the residence of one country and the residence of another country during a given period of time.Economic transactions can broadly be categorized in to four heads which are: 1. VISIBLE ITEMS : visible items include all those tangible goods which can be imported and exported. These are visible as they are made up of some matter or material. this is known as merchandise also.
Premium International economics Balance of payments Bretton Woods system
began many years before this and is even referred to in the Bible in Jeremiah‚ Genesis‚ and Revelations. Contradictory to what many may think slavery is still happening. In this essay I will discuss types of modern slavery that exists in the world today. According to Anti-Slavery International‚ an organization
Premium Slavery Slavery in the United States American Civil War
COURSE 2 - The Balance Sheet The balance sheet (also called statement of financial position) reports the financial position of the business at a point in time. It does so by listing the categories and amounts of assets‚ liabilities and equity on a specific date‚ in a format that proves the fundamental accounting equation. ASSETS = EQUITY + LIABILITIES or ASSETS – LIABILITIES = EQUITY Formats of presentation Regardless of
Premium Balance sheet Generally Accepted Accounting Principles Asset
Ilduara Busta Corporate Governance in Banking A European Study Corporate Governance in Banking A European Study ISSN 0906-6934 ISBN 978-87-593-8365-0 The PhD School in Economics and Business Administration CBS / Copenhagen Business School PhD Series 15.2008 CBS PhD nr 15 Ilduara Busta - OMSLAG.indd 1 10/06/08 13:53:41 Corporate Governance in Banking Ilduara Busta Corporate Governance in Banking A European Study CBS / Copenhagen Business School The PhD School
Premium Corporate governance Bank
7 (a) Explain the current and financial accounts in the balance of payments. Balance of Payment or also called as BOP is a statistical statement that systematically records of all economic transactions between one country and the rest of the world during a given period of time. For example‚ BOP shows the details of the total payments made by a country and also the total receipts by it. There are three major components that are summarized in the BOP which are Current account‚ Capital account and
Premium Investment Balance of payments International economics
that will use for the separation depend on differences in physical properties such as decantation‚ filtration‚ extraction and sublimation. The process of separating a liquid from a solid (sediment) by gently pouring the liquid from the solid so as not to disturb the solid is Decantation. Filtration is the process of separating a solid from liquid by means of a porous substance –a filter- which allows the liquid to pass through but not the solid. Extraction is the separation of a substance from a
Premium Mixture Sodium chloride Liquid
Everyone has features that make them who they are. Our strengths and weaknesses make us individuals. What makes me stand out is my willingness to learn‚ work‚ and grow. With these skills‚ I hope to find a career that I enjoy and excel in. I pride myself on my ability to learn quickly and apply my knowledge to nearly any task. Willingness to learn something new and grow as a person is something I pride myself on‚ as well as not being afraid to get down to business and work hard. A number of experiences
Premium Management Leadership Learning