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Q: Which is the systematic record of all transactions of a country in a year?
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Why is it important to record transactions correctly and accurately in business?

It is important to keep record for tax purposes. Good record keeping is also useful for end of year profit calculation.


How is GnP calculated?

the total value of all goods and services and transactions in a country or territory per year (in U.S dollars)


What software solutions do PCI offer for PC compliance and security?

PCI have a Quest Software can provide the assurance you expect to provide the systematic efficiency and security. It can also process 20,000 to 1 million transactions per year.


What sorts of transactions are included in a country's balance of payments?

A balance of payments (BoP) account is an accounting record of all monetary transactions between a country and the rest of the world that include payment for exports and imports of goods, services, financial capital, and financial transfers. The BoP accounts are usual summarize international transactions over one year at a time, prepared in a single currency which is usually the domestic country's currency. Sources of funds for the nation like exports or receipts for loans and investments are recorded as surplus, while uses of funds like for imports or investments in foreign countries are recorded as deficit.


What are the implications and uses of the balance of payments statement?

Balance of payments (BoP) accounts are an accounting record of all monetary transactions between a country and the rest of the world. These transactions include payments for the country's exports and imports of goods, services, financial capital, and financial transfers. The BoP accounts summarize international transactions for a specific period, usually a year, and are prepared in a single currency, typically the domestic currency for the country concerned. Sources of funds for a nation, such as exports or the receipts of loans and investments, are recorded as positive or surplus items. Uses of funds, such as for imports or to invest in foreign countries, are recorded as negative or deficit items.


Who founded Switzerland?

There is no record of who founded Switzerland. Not even the exact date is known. The Swiss celebrate the founding of the country on 1st August every year, but there is no historical record of this date, just the year.


How many credit card transactions does Walmart do a year?

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What was the wettest year on record?

The wettest year on record was 1997.


which is hotest country in world?

United Arab Emirates has the highest heat record and highest temperature average per year


How many debit card transactions per year?

29.8 in 2009


How many transactions have occurred in the Pawn Shop in the past year?

100,000


What is the meaning of subsidiary book?

Subsidiary books are specialized journals used to record specific types of transactions in accounting. They help organize and classify financial information efficiently, such as sales, purchases, and cash transactions, which are then summarized in the general ledger. This segregation helps simplify the accounting process and improves accuracy.