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How to calculate bank's turnover?
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Answer / ashker
BANK TURN OVER MEANS TOAL DEPOSIT ( DEBIT AMOUNT) AND TOTAL
WITHRAWAL(CREDIT AMOUNT) IN A SPECFIC PERIOD OF A TIME
| Is This Answer Correct ? | 63 Yes | 23 No |
Answer / ajay rana
Banking turnover is sum of all the credits in the account
for a specific time period, one can calculate it for one
month or for whole year.
| Is This Answer Correct ? | 42 Yes | 21 No |
Answer / ravi
generally bank turn over will be based on the deposit amount
loans sanctioned
| Is This Answer Correct ? | 34 Yes | 25 No |
Answer / shuaib
I define bank transaction turnover as;
(Deposit from Sales+Other Investments Incomes) minus (All Payments which includes Finance Charges on Loans & Overdraft bt minus t Instalmental Principal repayments)
| Is This Answer Correct ? | 5 Yes | 6 No |
Answer / peter bediako puni
It is the sum of all the credit and the sum of all the debits in a bank statement
| Is This Answer Correct ? | 5 Yes | 6 No |
Answer / khose h. r.
Bank Turn Over means simply the addition of debit and credit side of Trial Balance.
| Is This Answer Correct ? | 8 Yes | 10 No |
Answer / k v s n murty
Deposits+Advances+issuance of DD and Payorders
| Is This Answer Correct ? | 1 Yes | 5 No |
Answer / subodh c talukder
Banking turnover is sum of all the credits in the account
for a specific time period divided by sumation of the debit
balance of specific time .
| Is This Answer Correct ? | 13 Yes | 19 No |
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