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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.
Debits and credits occur simultaneously in every financial transaction in double-entry bookkeeping. In the accounting equation, Assets = Liabilities + Equity, so, if an asset account increases (a debit (left)), then either another asset account must decrease (a credit (right)), or a liability or equity account must increase (a credit (right)).
ISBN. 9789690019424. Feroz-ul-Lughat Urdu Jamia ( Urdu: فیروز الغات اردو جامع) is an Urdu-to-Urdu dictionary published by Ferozsons (Private) Limited. It was originally compiled by Maulvi Ferozeuddin in 1897. The dictionary contains about 100,000 ancient and popular words, compounds, derivatives, idioms, proverbs, and modern ...
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [ 1 ][ 2 ] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and ...
from Hindi and Urdu: An acknowledged leader in a field, from the Mughal rulers of India like Akbar and Shah Jahan, the builder of the Taj Mahal. Maharaja. from Hindi and Sanskrit: A great king. Mantra. from Hindi and Sanskrit: a word or phrase used in meditation. Masala.
This is an accepted version of this page This is the latest accepted revision, reviewed on 12 September 2024. For other uses, see Interest (disambiguation). Sum paid for the use of money A bank sign in Malawi listing the interest rates for deposit accounts at the institution and the base rate for lending money to its customers In finance and economics, interest is payment from a debtor or ...
Persian and Urdu are distinct languages. Persian is classified as an Iranian language, whereas Urdu is an Indo-Aryan language. They fall under the larger grouping of the Indo-Iranian languages, and hence share some linguistic features due to common descent. However, the majority of influence from Persian is direct, through a process often ...
Aitchison College (Urdu: ایچیسن کالج) is an independent, semi-private boys school for boarding and day students from grade 1–13 in Lahore, Pakistan.It has a tradition of providing an education that uses academics, sports, and co-curricular activities as tools for character development.