Skip to main content

WHAT IS BANKING?


Banking is an industry that handles cash, credit, and other financial transactions. Banks provide a safe place to store extra cash and credit.. They offer savings accounts, certificates of deposit, and checking accounts. Banks use these deposits to make loans. These loans include home mortgages, business loans, and car loans.

Comments

Post a Comment

Popular posts from this blog

GOLDEN RULES OF ACCOUNTING

  REAL ACCOUNT + Debit what comes into business.  + Credit what goes out from the business.  PERSONAL ACCOUNT + Debit the receiver.  + Credit the giver.  NOMINAL ACCOUNT + Debit the expense or loss of the business.  + Credit the income or gain of the business.  
Post a Comment
Read more

WHAT IS TALLY?

Tally is an ERP accounting software package used for recording day to day business data of a company. For example each every accounting works done through computer. And Tally many versions of software are available...The latest version of Tally is Tally ERP 9.
Post a Comment
Read more

WHAT IS E-COMMERCE?

E-commerce , also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. Ecommerce is often used to refer to the sale of physical products online, but it can also describe any kind of commercial transaction that is facilitated through the internet.
Post a Comment
Read more