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The purpose of double-entry bookkeeping is to allow the detection of financial errors and fraud. For example, if a business takes out a bank loan for $10,000, recording the transaction in the bank's books would require a DEBIT of $10,000 to an asset account called "Loan Receivable", as well as a CREDIT of $10,000 to an asset account called "Cash".
It introduced an electronic reservations system, Magnetronic Reservisor, in 1952. [7] The first computerized booking system was the little-known Trans-Canada Air Lines (today's Air Canada) system, ReserVec developed by Ferranti Canada. It started to be delivered in April 1961 and by January 24, 1963 completed the airline switch-over from the ...
John C. Norcross is among the psychologists who have simplified the balance sheet to four cells: the pros and cons of changing, for self and for others. [19] Similarly, a number of psychologists have simplified the balance sheet to a four-cell format consisting of the pros and cons of the current behaviour and of a changed behaviour. [20]
The MARS-1 train ticket reservation system was designed and planned in the 1950s by the Japanese National Railways' R&D Institute, now the Railway Technical Research Institute, with the system eventually being produced by Hitachi in 1958. [6] It was the world's first seat reservation system for trains. [7]
Listed pros and cons must, as for all content, be sourced by a reference, either in the list or elsewhere in the article. (A "criticisms and defenses" list is a backwards pro and con list. The opposing side is presented first, followed by the responses of the defending side. Lists of this form seem to grow out of more contentious articles.)
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Take a look at your entire financial portfolio, compare lenders and consider the pros and cons of refinancing student loans before making a final decision so you don’t end up in more debt down ...
Consolidating student loans pros and cons: Quick look. Green circle with a checkmark inside. Pros. Potentially lower monthly payments. One payment per month. Access repayment plans.