Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 18, 2024

Ahmed have deposited 1000 OMR in a bank as a fixed deposit for 1 year. Bank knows that Ahmed is not going to withdraw this

Ahmed have deposited 1000 OMR in a bank as a fixed deposit for 1 year. Bank knows that Ahmed is not going to withdraw this amount before maturity. When bank has accepted this deposit into fixed deposit, the bank becomes

Debtor

Agent

Trustee

Creditor

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones

11th edition

978-0538467087, 9781111781262, 538467088, 1111781265, 978-0324659139

More Books

Students also viewed these Accounting questions

Question

★★★★★

A light ray in the core (n = 1.40) of a cylindrical optical fiber travels at an angle Î¸1 = 49.0° with respect to the axis of the fiber. A ray is transmitted through the cladding (n =...

Answered: 1 week ago

Question

★★★★★

Discuss the application of relational analytics for teams and how they can be used to affect work performance.

Answered: 1 week ago

Question

★★★★★

=+Ha : concealed weapons laws reduce crime Explain.

Answered: 1 week ago

Question

★★★★★

The Stanton Supply Co. produces cleaning equipment for professional cleaners. At the start of the year, Stanton estimated variable overhead costs to be $13 per unit and total fixed overhead costs at...

Answered: 1 week ago

Question

★★★★★

Ahmed have deposited 1000 OMR in a bank as a fixed deposit for 1 year. Bank knows that Ahmed is not going to withdraw this amount before maturity. When bank has accepted this deposit into fixed...

Answered: 1 week ago

Question

★★★★★

U.S. Immigration and Customs Enforcement (ICE) is an agency within the Department of Homeland Security. They received an appropriation for FY2019 (all one-year funds) for $10,414,160,000 to perform...

Answered: 1 week ago

Question

★★★★★

Uber took the lead in point-to-point, on-demand transportation, literally changing the way we move. It competes not by building its own fleet but by leveraging peer-to-peer coordination between...

Answered: 1 week ago

Question

★★★★★

These HOT Topics will introduce you to current events in the industry. This is your chance to brainstorm ideas with your classmates and discuss things that are happening right now! Look at this...

Answered: 1 week ago

Question

★★★★★

What is the first step in defining requirements for an application? determining what the application must have and do creating a superclass for all of the objects in the application choosing which...

Answered: 1 week ago

Question

★★★★★

Research a prominent current or historical organizational leader from your country and develop a 2-to-4 page APA-formatted paper discussing the following: Brief biography on the leader you selected...

Answered: 1 week ago

Question

★★★★★

After watching the Super Size Me movie online answer the following questions. 6. Just after the film "Supersize Me" was released, McDonald's terminated the "supersize" option at all its stores. The...

Answered: 1 week ago

Question

★★★★★

Analyse three generic sources of tensions are identified in the management of global work-life issues.

Answered: 1 week ago

Question

★★★★★

Discuss SOFMANs response to the changing external environment since 2009/10. Examine the key factors underlying SOFMANs strategic choices and critically evaluate the internationalisation strategy.

Answered: 1 week ago

Question

★★★★★

Is it clear what happens if an employee violates the policy?

Answered: 1 week ago

Previous Question Next Question