let me know the meaning of Drawer,Drawee and payee of the
cheque
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Answer / aloku,omakpokpose david
Answer on the difference between the primary and secondary
capital market(sumary)
The capital market is divided into two,the primary market
and the secondary market.
The primary market is the market where a company tjat is
quoted can raise share to finance its business operation.It
is the market for a new share thwt has not be raised.In
other words, it is the market where funds that have not be
raised before can be raised.It is a market for Initial
Public Offer (IPO).
The primary market provides the room for the secondary
market.
The secondary market is the market where shares raised from
the primsry market are sold.In this case ,an agent is
required to sell the shares for you.
Both markets are regulated by different regulatory bodies
including the Central Bank of a nation.
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Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
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Hi dis is lalitha. I got selected for muthoot finance PO for the final interview. can u plz tell me what type questions they will ask? my mail id is plalitha87@gmail.com. can u plz pass the questions to my mail, my interview is on jan 04,2012. Thanks in advance.
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