You have Rs 500 in your savings account at the beginning of the month. The record below shows all of your transactions during the month.

The transactions of current account of BOP are: (i) Export and import of goods (ii) Export and import of services (iii) Unilateral transfers.

Autonomous Transactions: These are independent of all other transaction in the BOP. These transactions are not influenced by the foreign exchange position of the country. Exports, imports, etc are some...

(c) Autonomous transactions 

(d) Accommodating transactions.

Account to be Debited i. Vendor A/c ii. Profit and Loss Appropriation A/c iii. Debenture Redemption Reserve A/c iv. Own debentures A/c v. Profit and Loss A/c

Account to be Credited i On Issue-Debenture A/c On Redemption-Bank A/c . ii. Sinking Fund A/c iii. General Reserve A/c iv. Profit transferred to Debenture Sinking Fund A/c v. Loss on Issue of Debentures A/c

Directions: Everyone has some or other fear that has been overcome. Think about one such experience from your life. It may be anything associated to activities that you now engage...

a) Balance on 3rd Sept. = Rs. 2,700 Balance on 8th Sept. = Rs. 2,700 – Rs. 1,200 = Rs. 1,500 Balance on 17th Sept. = Rs. 1,500 + Rs. 500 =...

Balance on 22nd Feb. = Rs. 300 Balance on 5th March = Rs. 300 + Rs. 1,500 = Rs. 1,800 Balance on 12th April = Rs. 1,800 – Rs. 500 = Rs....

Since balance on 7th April = Rs. 5,800 and balance on 24th April = Rs. 5,000 Then minimum balance for the month of April = Rs. 5,000 Ans. Since balance on 10th May...