BOOKKEEPING Bookkeeping in the context of a business is simply the recording of financial transactions. Transactions include purchases‚ sales‚ receipts and payments by an individual or organization. Many individuals mistakenly consider bookkeeping and accounting to be the same thing. This confusion is understandable because the accounting process includes the bookkeeping function‚ but is just one part of the accounting process. The accountant creates reports from the recorded financial transactions
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1 Business Documents * Catalogue.................................................................................... 2 * Credit Note................................................................................. 3 * Debit Note.................................................................................. 4 * Proforma Invoice....................................................................... 5 * Purchase Requisition.......................
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Technological advancement Technology helps to make a greater change and competence in the provision of financial services and ultimately determines the toppers in the powerful competitive financial markets of the economic system. Technological advancements have paved the way for fundamental changes in the banking industry. Calculated and arranged business plans have taken into account to give us new ways of doing businesses‚ expansion in branches with more technology enhancements‚ more refined risk
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Introduction | 1-7 | 2 | Role Of Technology | 8 | 3 | E-Banking | 9-12 | 4 | Digital Signatures | 13-15 | 5 | Card Skimming | 16 | 6 | Credit Cards | 17-20 | 7 | Mobile Banking | 21-23 | 8 | Electronic Funds Transfer | 24-26 | 9 | Debit Cards | 27-33 | 10 | Telephone Banking | 34-35 | 11 | Uses Of Information Technology In Banks |
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of using only a debit card? a. Debit card purchases are not reported to credit reporting agencies and therefore will not help you build your credit score. b. Not all stores accept debit cards. c. You may earn better rewards with a credit card. d. Credit cards offer fewer protections if your card is lost or stolen. 2. When selecting and using a debit card‚ you should avoid a. monitoring your account every other day b. prepay cards that allow you to load more money onto them c. debit cards tied to
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Introduction to Book-keeping Fill in the blanks in the following sentences from the selection of terms given at the bottom of the page. 1 The recording of accounting data is known as . 2 A change in the position of a business‚ i.e. the transfer of value from one to another‚ is a . 3 A person to whom money is owed for goods is a . They have given the firm ___________. 4 A person who owes money to the firm is a . They are in ______ to the firm. 5 Resources supplied by the owner is called ____
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Informative Speech – Safe Online Shopping Tips Online shopping is convenient nowadays. We are not restricted by geographical location. In past times‚ without Internet‚ we are limited by selection and prices in the stores that are convenient to us. Online shopping usually offers us best price for some of your favorite stuffs and the sellers provide fast shipping. Those are the reasons online shopping has become easier and convenient for consumers. However‚ online shopping has its risks. According
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then something was entered wrong in a ledger -http://www.accountingtools.com/basic-accounting-formula Transaction T account – A term used for double entry book keeping‚ a ledger with 2 separate lines separating debits and credits -http://www.investopedia.com/terms/t/t-account.asp Debit – A subtraction from an account‚ when you purchase something it should be deducted from your account. http://www.investopedia.com/terms/d/debit.asp Credit – When an addition is added to your ledger or account.
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What is a current account? Current Account is primarily meant for businessmen‚ firms‚ companies‚ and public enterprises etc. that have numerous daily banking transactions. Current Accounts are cheque operated accounts meant neither for the purpose of earning interest nor for the purpose of savings but only for convenience of business hence they are non-interest bearing accounts. In a Current Account‚ a customer can deposit any amount of money any number of times. He can also withdraw any amount
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Chapter 7Bibliography | 16 | 8. | Chapter 8Appendix | 17 | List of Tables Table N o. | Table name | Page No. | 1. | Demographics of Respondents | 7 | 2. | Modes of Shopping | 8 | 3. | Modes of Payment | 8 | 4. | Credit/ Debit Cards Owned by the Customer | 9 | 5. | Impact of Shopping on Mood | 10 | 6. | Traits and behaviours about the Customer during shopping | 11 | 7. | Experiences of customers during shopping | 12 | List of Figures Figure No. |
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