golden rules of accounting?
how bank earn profit?
Answer Posted / vinothkumar s.s.
The main function of banks are accepting deposits from
public and lending the same. The difference in rate of
interest for acquiring deposit and lending loan is called as
"spread" and the same is the main source of income for
banks. Bank also getting income by agency function like
collecting chq, follwing standard instruction and other
utility functions.
| Is This Answer Correct ? | 41 Yes | 12 No |
Post New Answer View All Answers
What is Acquisition?
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
Is WCT paid to be considered as overhead during costing in construction firm?
What are the Types of invoices batching? & what is 3 way batch?
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
what is the document spliting?
why you would like to work for the our(AIRLINE) Group ???
what is the organisation chart for accounting and finance ?
Short Answer on ________Adjusting Entries
Should I have perfect credit score, that is, above 800 credit score?
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
how to entery pass in tally when items damage(items insured)and claim to insurance co.
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?
how to solved the shares qusionas ?