Debits & Credits In each and every accounting transaction‚ there are at least two elements (accounts) involved. These accounts are either debited or credited‚ with the amount that is reflected in the transaction‚ depending on the nature of the account (Real/Personal/Nominal) and the rule applicable to it. Golden universal rules of Debits & Credits Accounting elements are categorized into three groups; Real - examples are cash‚ equipment‚ furniture etc. Personal - Proprietor’s Capital
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I. DEFINITION A LETTER OF CREDIT (Documentary Credit) is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make payment on the purchase‚ the bank will be required to cover the full or remaining amount of the purchase. • A letter of credit is often abbreviated as LOC or LC‚ and is also referred to as a documentary credit. The parties to this document are usually an applicant who
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Victoria’s Secret Pink: Keeping the Brand Hip When most people think of Victoria’s Secret‚ they think of lingerie. Indeed‚ the Limited Brands division has done a very good job of developing this association by placing images of supermodels donning its signature bras‚ panties‚ and “sleepwear” in everything from standard broadcast and print advertising to the controversial prime-time television fashion shows that the company airs each year. Such promotional tactics have paid off for Victoria’s Secret‚ a subsidiary
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Since the 2000 it has been noticeable by many incidents of U.S. corporate corruption‚ insider schemes and ethical violations. The scandals reinforced many people’s distrust of large corporations. Business ethics is the behavior that a business sticks to in its daily communication with the world. The ethics of a particular business can be diverse. They apply not only to how the business interacts with the world at large‚ but also to their one-on-one dealings with a single customer. In the article
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A PROJECT REPORT ON “CREDIT RATING AGENCY” Submitted in partial fulfillment of the requirement for the award of degree of Masters of Management Studies (MMS) under University of Mumbai. Submitted By SOHEL I. DATRE Reg. No. 06 BATCH: 2008-2010 Under the guidance of Dr. N. Mahesh A.C.PATIL COLLEGE OF ENGINEERING‚ MANAGEMENT STUDIES AND RESEARCH KHARGHAR‚ NAVI MUMBAI: 410 210 ACKNOWLEDGEMENT I wish to take this opportunity to express my deep sense of gratitude to Dr
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9-509-027 REV: APRIL 22‚ 2011 JOHN A. QUELCH JACQUIE LABATT The American Express Card Marketing is fully integrated into our overall strategy. Our largest investor‚ Warren Buffett‚ is very focused on brand health and customer metrics. — Kenneth I. Chenault In April 2008‚ Jud Linville‚ president and chief executive officer of U.S. Consumer Services at American Express Company‚ was preparing for a meeting with Ken Chenault‚ American Express’s chairman and chief executive officer since
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Secrets of the Future “The best thing about future is it comes one day at a time”‚ this was once said by Abraham Lincoln‚ who was a president of the United States. Some may say that fortune telling is an alluring and tempting force which forms a profound and vivid fascination over the mind of a man. Others believe that it is the linguistics of the language the future teller conveys to the eager mind. The soothing words dissociating the unknown and the attractive source of discussion
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WWII causes and the role of Airpower World War II was a war that forever changed the world There were many causes that led to the start of World War II. After World War I Germany had signed the Treaty of Versailles. The Treaty of Versailles was a treaty between the allies and Germany. The treaty harshly punished Germany including the following: The Treaty of Versailles * Germany had to surrender all of its oversea colonies in Africa and The Pacific. * Limited the size of the German
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review of the movie – Secret Window. It talks about in detail on how the movie shows the two side of a human behavior – the good and the evil and how things can go if one cannot have a control over its mind. It clearly shows the aftermath of it and sends a message to the viewer’s as well. Based on Stephen king’s novella “Secret Window‚ Secret Garden” (1990) ‚ this movie inspires people to take a look at themselves and decide what is good and bad. The movie was released in 2004‚ and was mentioned as
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Post Graduate Diploma in International Business Management (Jan‐June 2013) A project report on CARBON CREDITS AND ITS TRADING A CASE STUDY Submitted to: AHMEDABAD MANAGEMENT ASSOCIATION & CALIFORNIA STATE UNIVERSITY SAN BERNARDINO‚ USA By ANKUR MATHUR HIRAL RUPAREL ARCHAN SHAH Table of Contents Acknowledgement .......................................................................................................... (i) Executive Summary
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