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What are the types of business transactions in accounting?
~Vivek Kumar Ambastha The Accounting Cycle The accounting cycle consists of the many steps the accounting staff follows, beginning with analyzing transaction and ending with preparing a post-closing trial balance. When the accountant analyzes source documents to determine how to record the business transaction. Thus, the basic input of the accounting cycle consists of the various source documents, including sales invoices, purchase invoices, and time cards for hourly employees. The output from the accounting cycle consists of the financial statements. The three basic financial statements are the income statement, the balance sheet and the statement of owner's equity. Adjusted Trial Balance Adjustments are recorded in the general journal at the end of each accounting period, generally as of the last date of the month. The recorded amounts are then posted to the general ledger account as of the last day of the accounting period. After posting the adjustments, the accountant prepares an adjusted trial balance to prove the equality of debits and credits. Preparation of Financial Statements The adjusted trial balance is used to prepare the income statement and the balance sheet. The revenue accounts make up the revenue of the hospitality enterprise, while the expense account make up the expenses of the business. The difference between the revenues and expenses is either net income or net loss. Net income results when revenues exceed expenses, while a net loss results when expenses exceed revenues. Closing Entries In closing entries the revenue and expense accounts are nominal accounts, since they are sub classification of owner's equity. Accountants separate revenue and expense account to get more detailed information for use in preparing the financial statements. Once the financial statements are prepared, the accountant closes the revenue and expense account, clearing the accounts to zero by transferring the balances to the owner's equity capital account. The accountant closes these accounts with closing entries that must be recorded in the general journal and then posted to the general ledger accounts. There are three basic steps are involved in closing process, they are * Close the revenue and expense accounts to the income summary account. * Close the income summary account to the owner's equity account. * Close the owner's drawing accounts to the owner's equity account. Post-Closing Trial Balance After the accountant records and posts the closing entries, the only accounts with balances that remain in the general ledger are the balance sheet accounts. These accounts must be in balance; that is, the total of debit balance accounts must equal the total of credit balance accounts. To test this equality and to check the accuracy of the closing process, the accountant prepares a post-closing trial balance. As with the trial balance prepared before the closing process, account balances are listed in debit and credit columns and totaled to ensure that debits equal credits.
First 50 scheduled urban coop banks?
1 Ahmedabad Ahmedabad Mercantile Co-Op Bank Ltd. AMCO House,Near Stadium Circle, Navrangpura,Ahmedabad- 380 009,Gujarat. Scheduled 2 Ahmedabad Kalupur Commercial Coop.Bank Ltd. Kalupur Bank Bhavan Income TaxCircl,Ashram Road, Kalupur.,Ahmedabad. 380 014. Gujarat. Scheduled 3 Ahmedabad Madhavpura Mercantile Co-Op Bank Ltd. Nawa Madhavpura,,Ahmedabad-380 001,,Dist- Ahmedabad,Gujarat. Scheduled 4 Ahmedabad Mehsana Urban Co-Op Bank Ltd. Mehsana -384 002,Dist-Mehsana,,Gujarat. Scheduled 5 Ahmedabad Nutan Nagarik Sahakari Bank Ltd., Ahmedabad Opp.Samartheshwar Mahadev,Near Law Garden, Ellisbridge,,Ahmedabad - 380 006 (Gujarat) Scheduled 6 Ahmedabad Rajkot Nagrik Sahakari Bank Ltd. Nagrik Bhavan,,Rajkot-360 001,,Dist-Rajkot,Gujarat. Scheduled 7 Ahmedabad Sardar Bhiladwala Pardi Peoples Coop Bank Ltd. Pardi-396 125.,Dist Bulsar.,Gujarat. Scheduled 8 Ahmedabad Surat Peoples Coop Bank Ltd. Vasudhara P.B.No.295,,Parsi Sheri,Navapura,,Surat- 395003,Gujarat. Scheduled 9 Bangalore Amanath Co-operative Bank Ltd., Bangalore Amanath House, 43, Hospital Road , Shivajinagar, BangaloreBangalore Urban District, Karnataka560001 Scheduled 10 Hyderabad Andhra Pradesh Mahesh Co-Op Urban Bank Ltd. 5-3-989, IIIrd floor, Sherza Estate, Nizamsahi Road, Hyderabad - 500095, Andhra Pradesh Scheduled 11 Hyderabad Charminar Coop.Urban Bank Ltd. Administrative office, 5-9-3, 1st Floor, Opp. A.P. Assembly Hall, Saifabad, Hyderabad-500002, AP Scheduled 12 Hyderabad Vasavi Coop Urban Bank LImited. 16-2-705/9/11,Malakpet,,Hyderabad-500 036.,Dist-Hyderabad. Andhra Pradesh. Scheduled 13 Lucknow Indian Mercantile Co-op Bank Ltd. 26-A Cantt.Road, Lucknow - 226001 (U.P.) Scheduled 14 Mumbai Kallappanna Awade Ichalkaranji Janata Sahakari Bank Ltd. "Janata Bank Bhavan", Main Road, Ichalkaranji (Tal. : Hatkanangale )-416 115. Scheduled 15 Mumbai Abhyudaya Co-operative Bank Ltd. K.K. Towers, Abhyudaya Bank Lane, G.D. Ambedkar Marg, Parel Village, Mumbai 400 012 Scheduled 16 Mumbai Bassein Catholic Co-operative Bank Limited. Catholic Bank Building, Papdy, P.O.Papdy, Tal. Vasai-401 207 Scheduled 17 Mumbai Bharat Co-operative Bank (Mumbai) Ltd. Mohan Terrece 64/72,Modi Street,,Fort,Bombay 400001,Maharashtra. Scheduled 18 Mumbai Bharati Sahakari Bank Limited. Bharati Vidhyapeeth Bhavan, 13, Lal Bahadur Shastri Road, Pune 411 030. Scheduled 19 Mumbai Bombay Mercantile Co-operative Bank Limited. Zain Rangoonwala Bldg.,78, Mohammed Ali Road,Mumbai- 400 003 Scheduled 20 Mumbai Citizen Credit Co-operative Bank Ltd., Dadar Regd Office: Helena,57,Mt.Carmel Road, Bandra (West),Mumbai - 400 050 Scheduled 21 Mumbai Cosmos Co-operative Urban Bank Ltd. 269/70, Shaniwar Peth, "Cosmos Heights", Pune-411030. Scheduled 22 Mumbai Dombivli Nagari Sahakari Bank Ltd. "Madhukunj", Plot No.P/52, MIDC Phase II, Kalyan Shil Rd., Sonarpada, Dombivili (East)-421 204 Scheduled 23 Mumbai Goa Urban Co-operative Bank Limited. P.B.No.135, Doctor Atmaram,,Borkar Road,Panji 403 001,,Dist North Goa, Goa. Scheduled 24 Mumbai Greater Bombay Co-operative Bank Limited. 3rd floor, Baldota Bhavan, 117,M.K.Marg, Churchgate, Mumbai- 400 020 Scheduled 25 Mumbai Jalgaon Janata Sahakari Bank Ltd. 117/119, "Seva", Navi Peth, Jalgaon-425 001 Scheduled 26 Mumbai Janakalyan Sahakari Bank Ltd., Bombay 140,"Vivek Darshan" Sindhi Society,Opp Bhakti Bhavan Chembur,Bombay 400 071 Scheduled 27 Mumbai Janalaxmi Co-operative Bank Ltd. "Samruddhi", Gadkari Chowk,Old Agra Road, Near Kalika Mandir, Nashik 422 002.Maharashtra. Scheduled 28 Mumbai Janata Sahakari Bank Ltd., Pune 1444,Shukrwar Peth,,Thorle Bajirao road,,Pune- 411 002. Scheduled List of Scheduled Urban Co operative Banks in India - As on March 31, 2009 29 Mumbai Kalyan Janata Sahakari Bank Ltd., Kalyan "Niharika", Opp. Railway Station, Station Road, Kalyan-421 301 Scheduled 30 Mumbai Karad Urban Co-operative Bank Ltd. 516/2, Shaniwar Peth, Karad-415110 Scheduled 31 Mumbai Mahanagar Co-operative Bank Ltd., Mumbai 201/208,Hiramani Super Market,Dr. B.A.Road,Lalbaug,Mumbai - 400 012 Scheduled 32 Mumbai Mapusa Urban Co-operative Bank of Goa Ltd., Mapusa Nandadeep,Mapusa-403 507,Dist-Bardez,Goa. Scheduled 33 Mumbai Nagar Urban Co-operative Bank Ltd., Ahmednagar Post Box No 7, Bank Road, Ahmednagar -414 001 Scheduled 34 Mumbai Nasik Merchant's Co-operative Bank Ltd. A-16, industrial Estate, Babubhai Rathi Chowk, Satpur, Nasik- 422007 Scheduled 35 Mumbai New India Co-operative Bank Ltd., Bombay New India Bhavan,Anant V.Nagwekar Marg,Babasaheb Worlikar Chowk,Prabhadevi,Mumbai -400025 Scheduled 36 Mumbai NKGSB Co-operative Bank Ltd. Laxmi Sadan, 361, Vithalbhai Patel Road, Girgaon, Mumbai- 400004 Scheduled 37 Mumbai Parsik Janata Sahakari Bank Ltd., Thane Nasheman Bldg- 1st Floor, Near Kalwa Market, Station Road, Kalwa-400 605 Scheduled 38 Mumbai Pravara Sahakari Bank Ltd. At & Post Loni Bk., Tahasil Rahata, Dist. Ahmednagar-413 736, Maharashtra. Scheduled 39 Mumbai Punjab & Maharashtra Co-operative Bank Ltd. Sardar Pratap Singh Indl. Estate No. 2, Unit No. 1, L.B.S. Marg, Bhandup (W), Mumbai 400 078. Scheduled 40 Mumbai Rupee Co-operative Bank Ltd. 2062,Sadashiv Peth, Vijaynagar Colony, Pune - 411 030. Scheduled 41 Mumbai Sangli Urban Co-operative Bank Ltd. C.S.No.404, Khan Baug, Sangli-416 416 Scheduled 42 Mumbai Saraswat Co-operative Bank Ltd.,Bombay Mittal Court, "A" Wing, Vidhan Sabha Marg, Nariman Point, Mumbai Scheduled 43 Mumbai Shamrao Vithal Co-operative Bank Ltd. SVC Tower,Nehru Rd., Vakola, Santacruz (East), Mumbai - 400055. Scheduled 44 Mumbai Solapur Janata Sahakari Bank Ltd. Shivsmarak, Gold Finch Peth, Solapur 413 007. Dist. Sholapur, Maharashtra. Scheduled 45 Mumbai Thane Bharat Sahakari Bank Ltd. Cross Villa, Veer Savarkar Marg, Naupada, Thane (W) 400 602, Maharashtra. Scheduled 46 Mumbai Thane Janata Sahakari Bank Ltd. Madhukar Bhavan, Road no. 16, Plot No. 27, Wagle Estate, Thane-400 604 Scheduled 47 Mumbai The Kapol Co-operative Bank Ltd., Bombay Regd Office: 105, Kapol Bank Bldg, 19/21, Picket Cross Road, Kalbadevi, Mumbai - 400 002 (Admn Office: Samrudhi Building, 1st floor, Plot No. 127, Vallabhachari Road, Near Railway Station, Vile Parle (W), Mumbai 400 056) Scheduled 48 Mumbai Zoroastrian Co-operative Bank Ltd.,Bombay Nirlon House- 5th Floor, Dr. Annie Besant Rd.,Worli, Mumbai 400030. Scheduled 49 Nagpur Nagpur Nagrik Sahakari Bank Ltd., Nagpur 79, Dr Ambedkar Chowk ,Central Avenue, Nagpur, Dist. Nagpur, Maharashtra - 440008 Scheduled 50 Nagpur Shikshak Sahakari Bank Ltd., Nagpur Gandhi Sagar, Mahal, Nagpur, Dist. Nagpur, Maharashtra - 440 002 Scheduled 51 Nagpur The Akola Janata Com. Co-operative Bank Ltd., Akola Jan Vaibhav, Old Cotton Market, Akola, Dist. Akola Maharashtra Scheduled 52 Nagpur The Akola Urban Co-operative Bank Ltd., Akola Jankalyan, 58/59, Toshniwal Layout, Near Govt. Milk Dairy, Murtizapur Road, Akola, Dist. Akola Maharashtra - 444 001 Scheduled 53 Nagpur The Khamgaon Urban Co-operative Bank Ltd., Khamgaon Dhanawardhini Building, Khamgaon, Dist. Buldana, Maharashtra-444 303 Scheduled
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Vivek Ranadivé was born in 1957.
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Vivek Mahbubani was born in 1982.
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Vivek Shraya was born in 1981.
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Vivek Paul was born in 1959.
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Vivek Mishra was born in 1986.
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Rajesh Vivek was born in 1949.
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Vivek filmography was born in 1961.
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Vivek Agarwal died in 1993.
