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How to calculate bank's turnover?
- 11 Answers
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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 |
Expand ------OIL
What is the treatment for PRELIMINARY EXPENSES?
27 Answers Capital IQ, Franklin Templeton,
The Bad Debts figure in the trial balance is 170. The following info is to be taken into account: A provision for bad debts of 5% of debtors is to be created
Expand ------RFQ
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EXPAND_________SDJMC
How will draw inferences about the financial health and performance using ratio ?
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