by: V. Ranga Prasad‚ IOB‚ STC‚ Chennai D:\Prasadh\Promotion 2008\Banking Topics of interest.doc -1- How to Face Bank Interviews? Authored by : Sh. N S Toor The book contains study material on all such aspect of banking‚ finance and economy‚ about which the interview boards normally ask questions. It can be used by the candidates appearing in interview in their respective banks at various levels‚ particularly the Senior level positions. The book is available with the publishers M/s Skylark
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Principles of Double Entry 1 Started a business with a cash at bank for RM 15‚000 and cash in hand for RM 10‚000 3 Purchased machinery on credit from Happy Machine Supplies amounted to RM 90‚000 4 Bought inventories amounted to RM 2‚000 on cash from Bedah Sdn Bhd 5 The owner contributed another additional RM 10‚500 cash at bank 6 Owner took goods worth RM 1‚000 for personal use 7 Bought goods by cash at bank from Hamidah for RM 1‚500 9 The business purchased goods
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it will be recorded in the purchase journal‚ once it has been certified as a valid invoice. After the journal entries‚ the next step is to post the journal entries into account. Ledger Account also known as “T” Account and Account. Ledger accounts categorize these changes or debits and credits into specific accounts‚ so management can have useful information for budgeting and
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Prof: Maylene P. Paniza TOPIC: CONSUMPTION (SEMI-FINALS REPORT) Saving-Investment Equilibrium Y = C + I Y – C = I S = I Saving is an outflow which gradually reduces the additional income that it generates. Therefore the circular flow model tells us that outflows like savings‚ taxes‚ and import expenditures must go back in the system in the form of investment‚ government expenditures‚ and export earnings. The saving-investment equilibrium further implies that increasing‚ decreasing
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An event occurred that did not exemplify best practice as a nursing student‚ and soon to be registered nurse was when I was administering medication last week on a respiratory floor. I had given my patient the medication‚ and realized there was no water at the bedside. I quickly went to get my patient water for her to swallow the capsules more easily from the bathroom. When I arrived back‚ she stated that she had already taken them. I had informed my preceptor and she advised me to look on her bed
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recorded on the balance sheet Differences Current assets are intended for consumption of sale realised during a year Current assets is used for trading or transactions Current assest have direct results of the profit gained in the business such as bank balance Non-current assets are used for a longer duration (12 months) Non-current assets used for productive investment purposes Has very low impact of the profit gained as it only deals with things like machinery 6. the accumulated profit is
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FOUR EASY STEPS TO SAVING MONEY Saving money is essential to anybody with a futuristic mindset. It’s always good to have a bundle of cash when needed for emergencies. The reason people save is not limited to emergency tough‚ saving money has many incentives which might be motivated by the need to invest in a home‚ a vehicle‚ land or maybe a small business. Saving money is the only way to have your cake and eat it too. The following steps are a few secrets to help individuals efficiently save money
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partner ship deed? Can a company issue a share having face value of Rs 10 at Rs 8 Give two examples of ‘Capital receipts’. Give two circumstances in which sacrificing ratio may be applied (1) (1) (1). (1) (1) Show how you would deal with the following items in the final accounts of a club: (3) Debit credit Prize fund Prize fund Investments 1‚20‚000 Income from Prize fund Investments Prizes awarded 9000 Q7. 1‚20‚000 12000 A‚B and C are partners sharing profits and losses in the ratio of 1
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Open Heart‚ Open Mind‚ and Open Door “Open Hearts‚ Open Minds‚ and Open Doors” is the United Methodist’s trademark phrase expression its mission for evangelism. It is a wonderful catch phrase. And its essence contains the Christian message as well as the Methodist Social Affirmation to the world. To whom and how should we open these three doors: with our hearts‚ minds and opportunities? I see three doors in this catch phrase. Jesus said‚ “I am the gate for the sheep: whoever enters through me
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US Savings Bond A US savings bond is a security issued by the US treasury and began being issued during president Roosevelt’s presidency in 1935. A month after the president sign the legislation‚ the first savings bond was issued with a purchase price of 18.75‚ but a face value of $25. These first bonds were eventually nicknamed “the baby bonds”. When bonds first became big was during the US’s involvement with WWII in 1941. These bond were called the Series E Defense bonds and they went towards
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