Question

Short Answer only and please plagiarism-free.

Question 1:

(a) What is the difference between Cash Disbursement and Cash receipt journals?

(b) Please describe what operations can be performed in the Banking Section.

(c) Which steps should be performed to create NEW Employee?

Answer 1

of as cach oreciepts are one ceved from a Vooniety of socorces : Examples of transactions that generate cach recepts include sale g Inventory Sale Services and sale of fixed allets or equipment Intreet reciered from Investments, caeh dicickende from stock Investments and sale of company stor. Accounting for Calh meciepts : when cash reciepts core neceved the cash account o debited or increased for the amount of cach recept: A corresponding credit is made to revenue account (such as sales revenues a liability, account (umearned revenue) an equity account (common stocke) or Another alret (equipment). calh disbursements: or payments made for a variety of reasons - Examples of Examples of transactions genonate cach payments include Involving payments Of liabilities cauets, poepaid eppenses; delst and, equity Investment Accounting for cach disbursement : cash account credited oy decreased for the amount of payment. A corresponding debt is made to a liability account Csich accounts payable) an alret account Inventory) a prepaid expense poepaid inecorance, or a corrent poriod expenie (Falory expenle). are cach

of as cach oreciepts are one ceved from a Vooniety of socorces : Examples of transactions that generate cach recepts include sale g Inventory Sale Services and sale of fixed allets or equipment Intreet reciered from Investments, caeh dicickende from stock Investments and sale of company stor. Accounting for Calh meciepts : when cash reciepts core neceved the cash account o debited or increased for the amount of cach recept: A corresponding credit is made to revenue account (such as sales revenues a liability, account (umearned revenue) an equity account (common stocke) or Another alret (equipment). calh disbursements: or payments made for a variety of reasons - Examples of Examples of transactions genonate cach payments include Involving payments Of liabilities cauets, poepaid eppenses; delst and, equity Investment Accounting for cach disbursement : cash account credited oy decreased for the amount of payment. A corresponding debt is made to a liability account Csich accounts payable) an alret account Inventory) a prepaid expense poepaid inecorance, or a corrent poriod expenie (Falory expenle). are cach

Jovornal entry to cash recept make calh account credit and payer account debit - Becaule cach How moves poyer to cash account buit jocornal entory for cash payment u vile versa cash account will debit and poyee account will credit. cach recepts are money neceved from the cultomes for sale of goods or sonvices cash disbursements are monies pad out of Individuals for the purchare of items that core and celed by (B) These oor the operations mentioned below porformed by banking: * Acceptance of Deposits Lending of funds Clecoring of cheques Remittance of funde. cocker and safe Deposits Bill payment sorvices needed a company. * * * online Banking credit & Debit carde * Conso ditt fe

Jovornal entry to cash recept make calh account credit and payer account debit - Becaule cach How moves poyer to cash account buit jocornal entory for cash payment u vile versa cash account will debit and poyee account will credit. cach recepts are money neceved from the cultomes for sale of goods or sonvices cash disbursements are monies pad out of Individuals for the purchare of items that core and celed by (B) These oor the operations mentioned below porformed by banking: * Acceptance of Deposits Lending of funds Clecoring of cheques Remittance of funde. cocker and safe Deposits Bill payment sorvices needed a company. * * * online Banking credit & Debit carde * Conso ditt fe

In other sense, banting operations, involves the practises and procedcores that a bank cures to enscose that customer's fransactions core completed accurately and appropriately · For example of a curtomey wishes to peorchale store shcores the bank enscores that the money and the stock are ready to be traded. services it Investment Banking is highly sophisticated type of bane operation. These enblies specialize in providing under Writing sowices, including both equity and debt creating leccorities moonlcet, engaging in stoc trade, and providing consulting for corporate clients. Investment banking is highly udabile, but con lead to enormous financial gain common examples of tronachon that are handled thorcogh Erverinent banking 'institutions inckede morgers and acquisitions, trading, and capital market and sales. There Institutions core heavily scrutinized by 99egulatory agencies and must comply with a whole host of bonting yegulations

* ok any (C) 7 Steps to create an effective New Employce * prepare collegues for new Employee Have the new Employee's workstalim ready to go make score yocor neco Employee has access to mecelscony programe. * make introductions plan a team lunch. Allow plenty of time for training. * Don't forget to follow-up. And some other steps: Have a plan The onboarding poocess should begin when a new Employee acepts the offer, with simple task given to them before they on their first day. * connect to * Assign ownership from day one. Ask a lot of questions. put the T in team aborive the roots * * * Citilize the fresh pair of Eyel. * Give them a Mentor * provide a Goond focos to the office. # provide plenty of job training Show them you've been Erespecting them. *

* ok any (C) 7 Steps to create an effective New Employce * prepare collegues for new Employee Have the new Employee's workstalim ready to go make score yocor neco Employee has access to mecelscony programe. * make introductions plan a team lunch. Allow plenty of time for training. * Don't forget to follow-up. And some other steps: Have a plan The onboarding poocess should begin when a new Employee acepts the offer, with simple task given to them before they on their first day. * connect to * Assign ownership from day one. Ask a lot of questions. put the T in team aborive the roots * * * Citilize the fresh pair of Eyel. * Give them a Mentor * provide a Goond focos to the office. # provide plenty of job training Show them you've been Erespecting them. *