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Most Important case in Financial Accounting

Baron Coburg Once upon a time many, many years ago there lived a feudal landlord in a small province of Western Europe. The landlord, Baron Coburg, lived in a castle high on a hill. He was responsible for the well being of many peasants who occupied the lands surrounding his castle. Each spring as the snow began to melt, the Baron would decide how to provide for all his peasants during the coming year. One spring, the Baron was thinking about the wheat crop of the coming growing season. "I believe that 30 acres of my land, being worth five bushels of wheat per acre, will produce enough wheat for next winter," he mused, "but who should do the farming? I believe I'll give Ivan and Frederick the responsibility of growing the wheat." Whereupon Ivan and Frederick were summoned for an audience with Baron Coburg. "Ivan, you will farm on the 20 - acre plot of ground and Frederick will farm the 10 - acre plot," the Baron began. "I will give Ivan 2...

Different Types of Business letters

Q.N.15. Write a direct inquiry letter to an event management company regarding a variety cultural show you are planning to organize in order to raise fund for your students club. Ans: 31 st August, 2018 Mr. Bidhan Shrestha Event manager Zosh Event Organizer Pokhara, Nepal Dear Sir, I am delighted to hear that your organization is very good and highly systematic in event management. Our club is planning to organize cultural show in order to raise fund for our club. I would like to know about following queries: a)       Suitable location for the event b)       How can we plan our event economically c)       Who would be the guest for the event? d)      How can we generate more fund for our club? I would be grateful to you if you would share these information with us. If you do not have this information, please recommend other event management company. I would apprec...

Evolution of Banking System In Nepal

Banking Concept & Banking Development in Nepal – नेपालमा बैंकिङ विकास By   rato job  - May 29, 2019 0 1078 What is Bank? The bank is an authorized financial Institution which accepts deposits from the general public and advances loan in the profitable fields. The two major functions of the bank are accepting deposits from the public and providing loans. Generally, a bank works as a bridge between surplus unit i.e. depositors and deficit unit i.e. borrowers. Banks are incorporated with the sole objective of making a profit.  A bank does not provide service, it sells service. Types of Bank ( तहगत बैंकिङ प्रणाली ) #On the Basis of Paid Up Capital  1.        A Class Bank – Commercial Bank 2.        B Class Bank – Development Bank 3.        C Class Bank – Finance Company 4.        D Class Micro Finance ...