What is the difference between banking and manufacturing

Even if these balance sheets are quite different in scope, the objective of both of them is quite similar, i.

This has been a guide to Bank Balance Sheet vs. Company Balance Sheet. Here we discuss the top difference between bank balance sheet and company balance sheet along with infographics and comparison table.

You may also have a look at the following articles —. Free Accounting Course. Login details for this Free course will be emailed to you. Forgot Password? Article by Sayantan Mukhopadhyay. Difference Between Bank Balance Sheet and Company Balance Sheet The preparation of a bank balance sheet is really complicated since the banking institutions will need to calculate their net loans and it is really time consuming and the items recorded in this balance sheet are loans, allowances, Short Term Loan Short Term Loan Short term loans are the loans with a repayment period of 12 months or less, generally offered by firms, individuals or entrepreneurs for immediate liquidity requirements.

Company Balance Sheet are as follows — You are free to use this image on your website, templates etc, Please provide us with an attribution link How to Provide Attribution? Comments As usual Ur articles are very informative Dheeraj. Please select the batch. Cookies help us provide, protect and improve our products and services.

By using our website, you agree to our use of cookies Privacy Policy. Accumulated Depreciation Accumulated Depreciation The accumulated depreciation of an asset is the amount of cumulative depreciation charged on the asset from its purchase date until the reporting date.

It is a contra-account, the difference between the asset's purchase price and its carrying value on the balance sheet.

In simple terms, it means giving the asset on hire or rent. Federal funds sold and purchased under agreement to repurchase Agreement To Repurchase A repurchase agreement or repo is a short-term borrowing for individuals who deal in government securities. Such an agreement can happen between multiple parties into three types- specialized delivery, held-in-custody repo and third-party repo. Banking prudential norms.

Financial analysis of banks. Prudential norms on Income recognition, asset classification and provisioning International arbitrage. Balance Sheet. The Ecosystem is too damn big. Sample PowerPoint for Project Review. Currency arbitrage.

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Manufacturing:- Manufacturing is the use of machines, tools and labor to produce goods for sale. In manufacturing raw materials are transformed into finished goods on a large scale. Such finished goods may be used for manufacturing other, more complex products, such as aircraft, household appliances or automobiles, or sold to wholesalers, who in turn sell them to retailers, who then sell them to end users — the "consumers".

Explanation:- As you can see in the diagram that first raw material is extracted. Second, it is transferred into output. Third it is transported. Forth it is utilized. Fifth it is disposed. After disposing it is recycled and is used as a raw material.

This all work is done in manufacturing sector. Bank:- A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities: 1.

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