DEMAT Account DEMAT Account Meaning: In India’s banking terminology‚ the term DEMAT Account refers to a deposit made at an Indian financial institution that can be used for investing in shares of stocks and other financial assets. Securities are held electronically in a DEMAT Account‚ thereby eliminating the need for physical paper certificates. Definition Demat account is a safe and convenient means of holding securities just like a bank account is for funds. Today‚ practically 99.9% settlement
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Accounts receivable is a legally enforceable claim for payment from a business to its customer/clients for goods supplied and/or services rendered in execution of the customer’s order. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the
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The Chart of Accounts The increases and decreases in accounting element as affected by a business transaction are recorded in a device called account name‚ account title or account. Each accounting element is composed of several accounts which describe the related economic transactions and events. To maintain uniform account name‚ the business must have a listing of all the accounts it uses to record economic transactions. This listing of all accounts is called “Chart of Accounts.” The Chart of
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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
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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
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Types of Receivables Accounts Receivable: amounts due from customers for sales on credit. Businesses sell to customers on credit in an attempt to increase their sales. Also called Trade Debtors. Bills Receivable: similar to accounts receivable but bills receivable are a legal instrument. Interest is charged on the bill receivable and it usually gives more time to pay than accounts receivable. interest receivable‚ rent receivable Accounts Receivable Recognition of accounts receivable Recorded
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Tutorial 1 (1a) Which one of the following is an example of an internal stakeholder? A A shareholder B Investment analyst / consultant CA manager DA supplier (1b) The original role of the accounting function was which one of the following? AProviding management information BRecording financial information C Maintaining financial control D Managing funds efficiently (1c) The major purpose of the Malaysian Accounting Standards Board (MASB) is to ensure consistency in ___________
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Positive Guidance and Discipline In Classrooms There is a difference in guidance and discipline. Discipline involves teaching and learning. It also comes from the root word “disciple” which means a pupil‚ a follower‚ or a learner. Guidance is an attempt to change behavior by leading‚ directing‚ teaching‚ and advising. But the two have a connection. The main goal for guidance is self-discipline. Once a child achieves self- discipline‚ it will increase his or her ability to learn new social skills
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Individual Reflective Paper: Impostorship and a Loss of Innocence This paper is intended to be a reflection of my learning experiences so far‚ and there is no question that there has been considerable - what I can now refer to as acquisition of information. However‚ perhaps because it was something new‚ perhaps because it makes you ask why‚ the experience and the introduction of reflection ’ and critical reflection ’ has stood out above everything else. This has not been an entirely positive experience
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to Promote Positive Behaviour By Laura-Marie Wakefield Contents Page Introduction Page 7 Literature ReviewPage 9 Methodology Page 15 Action and Presentation of ResultsPage 19 Critical ReflectionPage 23 ConclusionPage 27 Reference ListPage 29 Appendix 1Page 32 Appendix 2Page 33 Appendix 3Page 34 Appendix 4Page 35 Appendix 5Page 36 Appendix 6Page 37 Appendix 7Page 38 Appendix 8Page 40 Appendix 9Page 45 Abstract Managing children’s behaviour is a skill
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