Draft example sentences



All the items of charges such as interest on overdraft, payment by bank on standing instructions and debited by the bank in the passbook but not entered in cash book, bills and cheques dishonoured etc.However, businesses sometimes have overdrafts at the bank.Ambedkar prepared a draft constitution for discussion.These include bank overdraft, creditors, outstanding capenses, bills payable, income received inadvance.In the case of sight draft, the drawer instructs the bank to hand over the relevant documents to the importer only against payment.For the last two years all our bad news had come from there the lost battles, the draft, the orders of the commanding officer and I thought to myself, without stopping, What can be the matter now? Then, as I hurried by as fast as I could go, the blacksmith, Wachter, who was there, with his apprentice, reading the bulletin, called after me, Don t go so fast, bub; you ll get to your school in plenty of time! I thought he was making fun of me, and reached M.The moment the importer agrees to sign the sight draft, the relevant documents are delivered.The aggregate of the net cash flows (or use) is worked out and is shown as, Net Increase Decrease in cash and Cash Equivalents' to which the amount of 'cash and cash equivalent at the beginning' is added and thus the amount of 'cash and cash equivalents at the end' is arrived at as shown in Figureure This figureure will be the same as the total amount of cash in hand, cash at bank (or overdraft) and cash equivalants (if any) given in the balance sheet (see Illustrations 7 to 10).Before it is accepted by Rohit it will be called a draft.Overdrafts are where the bank account becomes negative and the businesses in effect have borrowed from the bank.In case there is bank overdraft at the begining of the year, enter the same on the credit side of this account.In the case of usance draft, on the other hand, the documents are delivered to the importer against his or her acceptance of the bill of exchange for making payment at the end of a specified period, say three months.Thus, the amount realised from assets along with contribution from partners, if required, shall be utilised first to pay off the outside liabilities of the firm such as creditors, loans, bank overdraft, bill payables, etc.In case there is bank overdraft at the begining of the year, enter the same on the credit side of this account.That paper, it is recorded in one of his biographies, contained the draft of a poem.

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