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Commercial Industry are those that makes the finished goods, supplied by the manufacturing industries, available to the consumers. Transport, trade, commerce etc are the examples of commercial industries.
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Definition of general ledger?
A general ledger is a complete financial record of all transactions completed within a business. This covers the life of the company and essentially never ends.
Definition of market audit?
It is the commercial activity where goods and services are brought and sold. It is a market where groceries are sold. It is an area in a town where public mercantile establishment is set up.
Is fees earned an asset?
The Fees Earned account is most commonly used in the services industry, where it contains billings for such services as tax consulting, auditing fees, and general consulting.
What is the definition of Historical Cost?
what is the definition of historical cost
What is a Subsidiary General Ledger account held with the Public Debt Office of the Reserve Bank of India?
The Central Bank makes it mandatory on all commercial banks to invest a certain percentage of their liabilities [(only demand) or (demand and time both)] in government securities viz. T-Bills, Bonds etc which is called Statutory Liquidity Requirement. These securities are parked in an account maintained with the Central Bank which is called Subsidiary General Ledger. The main purpose of this account is the holding and trading of government securities. Why is holding separated from trading? B/c holding is the minimum requirement. Trading comes in case of Excess Securities which can be traded by the commercial banks. For example, if a commercial bank is carrying a short position, and has excess securities available, it will borrow from the interbank against security (called Repo)while comlying with the minimum requirement. This involves movement of SGLA (subsidiary General Ledger accounts). Entry will be as follows: Current Account (commercial bank) debit SGLA credit The Central Bank makes it mandatory on all commercial banks to invest a certain percentage of their liabilities [(only demand) or (demand and time both)] in government securities viz. T-Bills, Bonds etc which is called Statutory Liquidity Requirement. These securities are parked in an account maintained with the Central Bank which is called Subsidiary General Ledger. The main purpose of this account is the holding and trading of government securities. Why is holding separated from trading? B/c holding is the minimum requirement. Trading comes in case of Excess Securities which can be traded by the commercial banks. For example, if a commercial bank is carrying a short position, and has excess securities available, it will borrow from the interbank against security (called Repo)while comlying with the minimum requirement. This involves movement of SGLA (subsidiary General Ledger accounts). Entry will be as follows: Current Account (commercial bank) debit SGLA credit
Definition of Aviation industry?
what is the definition of aviation industry?
What is the difference between cottage industry and the commercial industry?
Cottage industry is more home-based, when commercial industry is products made for profit.
How do you use commercial industry in a sentence?
People made a commercial industry to make a profit.
What is the definition of the paint industry?
industry that paints
Definition of footloose capital?
A general term for an industry that can be placed and located at any location without effect from factors such as resources or transport.
Definition of extractive industry?
the industry that involes mining
What is a good sentence using commercial industry?
After years in politics as a public servant, he has a new career in commercial industry.
What has the author Jane Niall written?
Jane Niall has written: 'The general aviation industry in Australia' -- subject(s): Commercial Aeronautics, Private flying
What are the applications for measuring and control devices?
Commercial, geophysical, meteorological, and general-purpose instruments and equipment is a large segment in the measuring and controlling devices industry.
Difference between a cottage industry and a commercial industry?
cottage industry is homemade/hand made commercial industry is machine made and is made in mass productions while cottage is made as needed.
What does commercial industry mean?
an industry where the creation of products are factory-based
Definition for industry trends?
The general direction(s) of the market are called market trends. These trends can be broken down by industry to show which industries are showing growth, which ones are losing steam, and which ones holding steady.
