To the depositor, it is an income but to the bank or institution providing the fixed deposit as a product, it is an expense.
indirect exp
HSBC Holding is the largest bank of Europe
Who is the largest stock holder in Bank of America????
Yes, bank overdraft is an expense and is shown in debit side of the Profit & Loss A/c. It's also a liability and is shown in 'Liabilities' of the Balance Sheet of an individual or a company.
Yes
debit accrued expensescredit cash / bank
The employees are such an expense for banks because of they must be paid well. There are some who plan with robbers on how to steal from the coffers of the bank.
[Debit] Prepaid Expense xxxxx [Credit] cash / bank xxxxx
Dr. Accrued Expense Cr. Cash or Cash in bank
To the depositor, it is an income but to the bank or institution providing the fixed deposit as a product, it is an expense.
The People's Bank Of China is actually the largest. In America, the largest People's Bank is located in Massachussets.
Germany's Deutsche Bank was the second largest financial institution in Europe in 2011, after France's BNP Paribas. In addition, Deutsche Bank was the second largest bank in the world in 2011. In 2012, Germany's Deutsche Bank became the largest bank in Europe, but remained the second largest in the world. HSBC, who was the third largest European bank in 2011, became the second largest in 2012, and 2011's largest European bank fell to the fourth largest position.
Depreciation
indirect exp
SEB bank currently is the largest one, Swedbank is the second largest.
the bank of baghdad is the largest of iraq