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Ledgers:
Ledgers record all the entries into the Cash Books. They use the concept of 'double entry' bookkeeping where every ledger entry must be accompanied by another ledger entry that is exactly the opposite.
Typical Ledger pages may look as follows:
Bank Ledger Office Ledger
Date
Particulars
Folio
DR
CR
15/7/05
Prof Fees - Nicholls to Walsh
CR1
4000
17/7/05
Prof Fees paid to J&J Real Estate
CP1
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disscus the applicability of operating cycle in vegetable in uganda
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Define Floating Rate Notes Floating-rate notes (FRNs) are commonly medium-term bonds along with their coupon payments indexed to some reference rate. Common reference rates a
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OTC refers to financial securities whose sale and purchase are not conducted over a stock exchange.
Operating profit margin Operating profit margin = (PBIT / Turnover) x 100% This is the ratio of operating profit to turnover or sales. A high operating profit margin is
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