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  2. Tuition payments - Wikipedia

    en.wikipedia.org/wiki/Tuition_payments

    [12] It is often the case that the lower the cost of the school, the more likely a student is to attend. Developed countries have adopted a dual scheme for education; while basic (i.e. high-school) education is supported by taxes rather than tuition, higher education usually requires tuition payments or fees.

  3. MSB Educational Institute - Wikipedia

    en.wikipedia.org/wiki/MSB_Educational_Institute

    MSB Educational Institute [3] (also known as Al Madrasa Tus Saifiya Tul Burhaniyah [4] [5]) is an Islamic educational institute headquartered in India. It was founded by Mohammed Burhanuddin II in 1985, with its first two branches in Mumbai, India and Nairobi, Kenya . [ 3 ]

  4. Current account (balance of payments) - Wikipedia

    en.wikipedia.org/wiki/Current_account_(balance...

    Germany's current account balance in Q2 2015 was up to 68.39. The current balance in Q2 as a percentage of GDP was 8.2%. Greece for 2013 was −4.89, and 2014 was −5.00 with each quarter between 2013 Q1 through 2015 Q2 ranging from a low of −2.76 in Q1 2013 to a high of 0.01 in Q2 2015. Greece's current account balance in Q2 2015 was up to ...

  5. Provision (accounting) - Wikipedia

    en.wikipedia.org/wiki/Provision_(accounting)

    In financial accounting under International Financial Reporting Standards (IFRS), a provision is an account that records a present liability of an entity. The recording of the liability in the entity's balance sheet is matched to an appropriate expense account on the entity's income statement. In U.S.

  6. Balance sheet - Wikipedia

    en.wikipedia.org/wiki/Balance_sheet

    A balance sheet is often described as a "snapshot of a company's financial condition". [1] It is the summary of each and every financial statement of an organization. Of the four basic financial statements, the balance sheet is the only statement which applies to a single point in time of a business's calendar year. [2]

  7. Nostro and vostro accounts - Wikipedia

    en.wikipedia.org/wiki/Nostro_and_vostro_accounts

    A bank counts a nostro account with a debit balance as a cash asset in its balance sheet. Conversely, a vostro account with a credit balance (i.e. a deposit) is a liability, and a vostro with a debit balance (a loan) is an asset. Thus in many banks a credit entry on an account ("CR") is regarded as negative movement, and a debit ("DR") is ...

  8. Balance of payments - Wikipedia

    en.wikipedia.org/wiki/Balance_of_payments

    The balance of payments takes into account payments for a country's exports and imports of goods, services, financial capital, and financial transfers. [28] [27] It is prepared in a single currency, typically the domestic currency for the country concerned. The balance of payments accounts keep systematic records of all the economic ...

  9. Balance (accounting) - Wikipedia

    en.wikipedia.org/wiki/Balance_(accounting)

    In banking and accounting, the balance is the amount of money owed (or due) on an account. In bookkeeping, "balance" is the difference between the sum of debit entries and the sum of credit entries entered into an account during a financial period. [1] When total debits exceed the total credits, the account indicates a debit balance.