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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.

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What is fund flow statement and their uses?

Uses Of Fund Flow Statement1. The users of fund flow statement, such as investors, creditors, bankers, government, etc., can understand the managerial decisions regarding dividend distribution, utilization of funds and earning capacity with the help of fund flow statement. 2. The quantum of working capital is revealed by the schedule of working capital changes, which is a part of fund flow statement.3. The fund flow statement is the best and first source for judging the repaying capacity of an enterprise.4. The management will be able to detect surplus/shortage of fund balance.5. The fund from operation is not mentioned in the profit and loss account and balance sheet but it is separately calculated for the purpose of fund flow statement.


What is the difference between debit card and smart card?

debit card the card holder uses the balance of his or her own account in bank and make immediate payments while purchasing. smart card it can be used as a cash where accepted


Uses of centigram balance?

There are quite a few uses for a centigram balance. They are mostly used to measure mass in kitchens and laboratories. This includes weighing small food amounts and dry ingredients.


Which bank does the IRS use for processing tax payments and refunds?

The IRS uses the Bureau of the Fiscal Service, a part of the U.S. Department of the Treasury, for processing tax payments and refunds.


What is the finance charge calculation method for Walmart credit card?

VISA uses Average Daily Balance (including cash advances). The average daily balance method of calculating finance charges uses the average of your balance during the billing cycle. Your average daily is the sum of your balance on each day of the billing divided by the number of days in the billing cycle.

Related Questions

What is that Uses and limitations of the trial balance?

Uses -> Checks for errors -> Summarizes the balances on accounts to be transferred to final accounts (Income Statement and Balance Sheet) Limitations -> Does not reveal certain errors like omission, complete reversal... etc.


What is the purpose of trial balance?

The purpose of a trial balance is to show balances of each of the accounts that hold balances in the respective company. The trial balance is split into two sections, the income statement (statement of comprehensive income) and the balance sheet (statement of financial performance) The balance sheet holds the accounts that the balances get carried forward each year and the income statement holds only the transactions for the current year. So there are many uses for a trial balance. You are able to perform analytical procedures on your revenue for the year or see what the balance of your liabilities are. The main purpose is to review the balances for the year for each account that holds a balance


What is uses statement?

There is no "uses" statement in C. Please restate the question.


The uses of trial balance to firm the uses of trial balance?

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What do you mean by funds flow analysis.explain the mechanism involved in preparation of funds flow statement?

It is the statement of change in financial position, prepared to determine only source and uses of working capital between date of to balance sheet.


What can a conditional statement have?

A conditional statement uses the words if... Then


Which animal uses its tail for balance as it hops?

The kangaroo uses its tail for balance as it hops.


What type of statement uses if a then b?

Hypothesis followed by a conclusion is called an If-then statement or a conditional statement.


An exercise that uses balance?

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What is the uses of the platform balance?

Any balance is used for weighing.


Does the statement of changes in financial position derives its information from the income statement?

No, the statement of changes in financial position does not derive its information from the income statement. The statement of changes in financial position shows the sources and uses of funds during a specific period, including cash flow from operating, investing, and financing activities. It provides a different perspective than the income statement, which focuses on revenues, expenses, and net income.


What is fund flow statement and their uses?

Uses Of Fund Flow Statement1. The users of fund flow statement, such as investors, creditors, bankers, government, etc., can understand the managerial decisions regarding dividend distribution, utilization of funds and earning capacity with the help of fund flow statement. 2. The quantum of working capital is revealed by the schedule of working capital changes, which is a part of fund flow statement.3. The fund flow statement is the best and first source for judging the repaying capacity of an enterprise.4. The management will be able to detect surplus/shortage of fund balance.5. The fund from operation is not mentioned in the profit and loss account and balance sheet but it is separately calculated for the purpose of fund flow statement.