Answer / bhupender janmejai

REAL TIME GROSS SETLEMENT SYSTEM,have u noticed when we go to a bank to deposit money we get the fund in our bank account within minutes,this is due to the use of electronic fund transfer that most banks are using nowadays.

Answer / jaydee banerjee

RTGS' stands for Real Time Gross Settlement.All the bank
branches in India are not RTGS enabled. As on September 29,
2011, there are more than 78,000 RTGS enabled bank branches.

Sent debit note to Vijay traders for short supply of material Rs 4500/-Pass entry

1 Answers  

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ACCOUNTING CONCEPTS AND CONVENTIONS

4 Answers   Bajaj, Bajaj Capital,

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Expand F D R

1 Answers  

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retained earnings will change over time due to what factors, retained earnings will increase.

1 Answers   Genpact,

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What is depreciation and how many methods are using explain With examples

4 Answers  

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Expand WTO?

1 Answers  

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nav , npv

2 Answers   RRDonnelley,

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What is Depreciation and how is it different from amortization

5 Answers   IBM, Thomson Reuters,

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Expand Bank O C C

5 Answers  

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HI ALL PLS EXPLAIN IN BRIEF ABOUT DEBIT& CREDIT& ALSO GIVE EXAMPLES FOR PERSONAL a/c,REAL a/c,NOMINAL a/c?

3 Answers  

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Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,

0 Answers   Elevates Infosolution,

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Tangible & Intangible Assets? Is goodwill a Tangible or Intangible Asset? Goodwill is an intangible asset.

2 Answers   EDS,

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