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What is procedure to calculate Fixed Deposit In Banks

Answers were Sorted based on User's Feedback



What is procedure to calculate Fixed Deposit In Banks..

Answer / kapil kr. agrawa;

this is a simple funda to calculate FD's of Bank:
Check all the FD and calculate the total amount.
verify the total amount of all FD's availaible on the Reporting date with the balance sheet...

Is This Answer Correct ?    6 Yes 7 No

What is procedure to calculate Fixed Deposit In Banks..

Answer / musthafa1965

BANK IS CONSIDERING OR ACCOUNTING THE ALL FIXED DEPOSIT AS
A LOAN (RECEIVED FROM CUSTOMER)

Is This Answer Correct ?    1 Yes 6 No

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