Balance of Payments: Meaning and Components The Balance of payments of a country is a systematic record of all economic transactions taking place between the country and other countries over a given period of time. It includes both exports and import of goods as well as services. Many confuse Balance of Payments (BoP) with Balance of Trade (BoT).However‚ BoT only takes into account the transactions arising from imports and export of goods. Transactions recorded in BoP account can be classified
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Payment of Gratuity Act‚ 1972 Outline • • Applicability of the Act (Sec 1) & Definitions (Sec 2) – employee‚ superannuation‚ continuous service (Sec 2(A))‚ Wages Payment of gratuity (Sec 4) o Continuous service of not less than 5 yrs o Calculation of gratuity in case of seasonal employees‚ in case of employee employed after disablement‚ on ‘retrenchment’‚ for service beyond the age of superannuation‚ on resignation o Calculation of “15 days” wages in respect of mthly rated employee‚ piece-rated
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INTRODUCTION to E-cash payment system With the onset of the Information Age‚ our nation is becoming increasingly dependent upon network communications. Computer-based technology is significantly impacting our ability to access‚ store‚ and distribute information. Among the most important uses of this technology is electronic commerce: performing financial transactions via electronic information exchanged over telecommunications lines. Most electronic commerce involves the exchange of money for
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An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Also known as financial electronic data interchange (FEDI)‚ e-commerce payment systems have become increasingly popular due to the widespread use of the internet based shopping and banking. A payment gateway is an e-commerce application service provider service that authorizes payments for e-businesses‚ online retailers‚ bricks and clicks‚ or traditional brick and mortar. It is the equivalent
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Chemical Bonds Chemical Bond: is the force that holds atoms together in a compound. They form because they lower the potential energy of the charged particles that compose atoms. Chemical bonds can be broadly classified into two types: Ionic and Covalent. Ionic: metal & nonmetal Metals have a tendency to lose electrons and nonmetals have a tendency to gain them. The metal atom becomes a cation and a nonmetal becomes an anion. The oppositely charged ions attract one another and form an ionic
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Book Log Questions Four typed log entries are required. See list of possible -questions. 1.Double space entries. 2. Each entry needs to be 8-12 sentences in length. 3. Indent and type answer(S) using BOLD ARIAL SIZE 14. 4. Answer ALL PARTS of the question. 5. Hit enter after you finished your entry. 1. What surprised you in the book and why? A. Something that surprised me in the book is that Carley’s mom was actually trying to protect Carley from Dennis. She actually wanted Carley back
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“JOURNAL ENTRIES” a. JIL made initial cash investment. Cash XXX JIL‚ Capital XXX b. JIL made an additional investment‚ Equipment. Equipment XXX JIL‚ Capital XXX c. Purchased equipment on account. Equipment XXX Accounts Payable XXX d. Purchased equipment for cash. Equipment XXX Cash XXX e. Purchased supplies on account. Supplies XXX Accounts Payable XXX f. Purchased supplies for cash. Supplies XXX Cash XXX g. Rendered services on account. Accounts receivable XXX Service
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rights. For an instance‚ normally‚ they cannot brag in and ask for the details of the company v. Stockholders will be the last one to get paid because the company should pay first their creditors‚ suppliers and employees. 4. The Difference Between Bonds and Stocks in Investment Since each offer of stock represents to a possession stake in a company‚ individuals that invests into the stock can earn profit when the company performance being well and its value rises or increases overtime. In the meantime
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Eric Palomino P.4 12/04/13 Brandon Bond Brandon Bond was born in Perdido Key in Florida‚ USA and is considered as one of the many legends of modern American tattooing. As a student of Fine Arts in Texas Brandon started tattooing in College. Then under Shaman Bear he began his formal apprenticeship. He started working at Tattoo Zoo during College‚ after College he went to Vegas and tattooed on Las Vegas Blvd. Then in New Hampshire he worked with his friend Joe Capobianco. Followed by Slave
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| | | |Your invoice number 527 dated 20 July for £1516 is due for payment at the end of this month. | | | |Unfortunately a fire
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