can also say it as Any Time Money machine which is true in its sense. We can draw money at any instance of time with the help of ATM‚ a day or mid-night‚ in emergencies‚ or when we shop we need not have to carry cash‚ we simply apply the credit or debit card‚ same like ATM card. Initially‚ we have to stand in long
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bank account‚ I can easily pay bills using ATM. It’s also cheaper than buying a money order (and I will have proof of bank statements that I paid my bills). If I get an Automated Teller Machine (ATM) or debit card for the account‚ I can withdraw money easily or make payments at stores since a debit card is usually accepted for purchases anywhere credit cards are accepted. I can say that opening a bank account is an opportunity for me to learn how to manage financial aspects especially in the
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As the trend of buying goods and availing services online continues to soar‚ the frauds and security concerns associated with the same are also on a rise. Technological advancement has given a major boost to e-commerce and other such concepts‚ which revolve around the computers‚ and more importantly‚ the Internet. The concept of online shopping is no more alien to anybody in the world. Millions of people log onto these shopping websites in order to make shopping a convenient affair. What they fail
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HISTORY OF ACCOUNTING LEARNING OUTCOMES Understand the history of accounting dating from prehistoric times to written record keeping. Identify the seven preconditions for the emergence of systematic book keeping. Know Luca Pacioll contributions in introducing double entry book keeping. Accounting is a tool‚ invented by humankind‚ to fulfill needs of society. Unlike the explorers of the past who discovered new lands‚ accounting cannot in any true sense be said to have been discovered
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into life lessons? The first lesson below is the standard formula of accounting. It is your main guide in making your own trial balance. This equation does not ensure the accuracy of the accounts but it may help you in knowing the equality of the debits and credits. The accounting equation: Assets = Liabilities + Owner’s Equity This equation may also be applied in real life by relating yourself to the accounting elements. This shows that for every asset you possess‚ there is an affiliated liability
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chains of Automated-Clearing-Houses (ACHs)‚ an extensive system comprising shared Automated-Teller-Machine (ATM) terminals‚ and enhanced capability for online Point-Of-Sale (POS) transactions;sophisticated check authorisation procedured;preauthorised debit and credit systems‚particularly their wide-spread use by governments to distribute
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1. Introduction 1.1 Company background Pigme Private Limited is a young start-up initiated on 20 October 2016 with the vision of encouraging collaborative consumption through the provision of a one-stop integrated rental service platform. The idling or under-utilized items in our home and the increased demand to trial an item before purchase or borrow for one-time usage served as a catalyst for Pigme’s conceptualization. Hence‚ Pigme’s company slogan is: “Why buy‚ when you can Pigme!”. Pigme’s founding
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RIVER ISLAND CLOTHING CO. LTD.: INITIAL SUBMISSION Full Version The history of River Island spans 55 years. The business started in 1948 as a small lock-up shop in East London selling wool and ladies clothing. As the business increased shops were added under the name of “Lewis Separates” and the focus became ladies clothing. By 1968 there were some 70 stores in the UK and “Lewis Separates” introduced into a few of its stores a brand new concept and name. Innovative in design and format these stores
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vocabulary and terms that go along with it. The term accounts receivable for example means simply the money to a business for its goods and services. Net income is the income left after all bills and taxes have been paid out. Debit and Credit are two heads of the opposite coin. Debit being an entry in the ledger with a positive impact for assets‚ while credit is just the opposite (A-Systems Corp.‚ 2012). Technology‚ as with every of facet of life has had a major impact on the field of
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college students of today seek dreams of furthering their education to go on and be bigger and better things in this life‚ but many face financial problems along the way some are books‚ school supplies‚ tuition cost every semester‚ financial aid‚ credit/debit cards‚ and too much spending. The cost of books is extremely high some students pay over‚ 1‚000-2‚000$ on books… every semester‚ that’s outrageous! Some books may come with vouchers and financial aid even with that you may still have to come out
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