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Cash Flow Statement: Meaning, Format & Analysis
Introduction to Cash Flow Statement Definition of Cash Flow Statement A cash flow statement is a type of financial statement that presents total information on all cash inflows a business…
Drawing Account
[…] the fundamental purpose of segregating personal finances from business transactions, ensuring clarity and transparency in financial records. The Drawing Account serves as a repository for documenting any cash withdrawals,…
Private Banking
Private banking involves providing banking, investment, tax management, and other financial services to high-net-worth individuals (HNWIs). Unlike mass-market retail banking, private banking focuses on providing more personalized financial services to…
Ledger
[…] with the financial reporting process. Generating Financial Statements: Ledger Foundation: The ledger is the foundation of financial statements. Financial Statements: These statements, including the balance sheet, income statement, and cash flow…
Money Market: Meaning, Features, Types & Function
[…] money market, the central bank can perform its policy-making function efficiently. For example, the short-term interest rates in the money market represent the prevailing conditions in the banking industry…
Taxation For Traders Detailed Tax Guide
[…] business income if you trade more frequently or if it’s your main source of income. Although practically all equities, currency, and commodity contracts in India are today cash-settled, they…
Ledger Balance
[…] the accurate financial picture, necessitating careful review and correction to maintain ledger balance integrity. System Glitches or Outages Technical issues such as system glitches or outages within banking platforms…
Savings Account: What Is A Savings Account, Need & Steps To Open A Savings Account
[…] services are attached to the accounts. This means one can use ATM to withdraw cash without standing in long ques. Secondly the account holder can use internet banking to…
Shareholder
[…] services are attached to the accounts. This means one can use ATM to withdraw cash without standing in long ques. Secondly the account holder can use internet banking to…
Learn About Mutual Funds Classification From Mutual Fund Course
[…] one section of the market, called as a sector. A sector is made up of one or more businesses that sell the same or similar products. The banking and…
