Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
You have read all about fraud and management and control of cash. Record keeping and reconciling bank accounts is an important function in cash management.
Bank reconciliation is a simple process of exchanging information about transactions that should basically be identical between two parties. Differences arise because of timing and mistakes that either party can make. From an organization's perspective the ultimate purpose of bank reconciliation is to update an organization's cash account by incorporating the information that the bank had recorded in the firm's account and correcting any error that the organization may have committed in its own records. If a bank makes errors that affect the firm's account the bank will correct its errors.
Bank reconciliation has two parts: Adjusted balance as per firm's books and Adjusted balance as per bank statement. These adjusted balances should be equal. Updating of the firm's cash account is based on the reconciling amounts appearing the adjusted balance as per books or cash account.Why would an error made by the bank not be incorporated in the updated records of a business?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd