Capital One Direct Banking offers a range of Personal and Business accounts. The features included in their Personal Checking and Saving Accounts vary according to your State of Residence. It is recommended to check with a local branch or enter your Zipcode online to see exactly which features are available in your area, but all will include deposit and withdrawal facilities, debit cards, and online banking.
Treasury stock is contra to share capital account as it is those shares which company purchase from own capital to reduce the share capital amount.
The normal balance in a capital account is a credit. Capital is a balance sheet account. Assets = Liabilities + Capital
[Debit] Interest on capital account xxxx [credit] Capital account xxxx
Real Account
Current account shows current year current year transactions and capital account shows both current transactions relating to businessman and initial capital of businessman.According to FEMA Act 2000, "There is no restrictions on holding or exchanging of foreign currency under Current Account . But Any foreign currency is under capital account , then it must be controlled under the regulations of RBI."In partnership , partners can make current account separately from capital account in which they can show only their salary, interest on capital and interest on drawing etc. and in capital account, they can show only their capital invested in the business of partnership.USA has divided export and import transactions into 2 accounts: One is the current account and other is the capital account. The current account includes in international trade in goods and services and with earnings on investments. The capital account includes of capital transfers and the acquisition and disposal of non-produced, non-financial assets.In general Current account is used for receipt and payment cash and non capital items and capital account is used for sources and utilization of capital.
1. capital account balance and forex reserves for the period 2001-2006 and list the major features.
Yes, a high yield money market account covered by the FDIC insurance. You can read about the rules and policies at www.capitalone.com/directbanking/money-market-accounts/ -
Treasury stock is contra to share capital account as it is those shares which company purchase from own capital to reduce the share capital amount.
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data on indias current account balance for period 2001-2006
The normal balance in a capital account is a credit. Capital is a balance sheet account. Assets = Liabilities + Capital
Capital account as well as Drawings account are Personal accounts !!!
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[Debit] Interest on capital account xxxx [credit] Capital account xxxx
Real Account
Personal account