How Commercial Banks Create Credit or Money

By creating credits we mean the process whereby commercial banks, make it possible for more deposits to be made through loan and this process of creating credits is also called creation of money or money creation. By granting loans to their customers, commercial banks increase the purchasing power of the borrower and also increase the

Importance Of Data In Accounting And Parties Interested In Accounting Information

The term “data” refers to primary details or numerical facts relating to an event or transaction. Data is stored and maintained on a computer or network. Computer Software like HiTech Financial Accounting process this electronic data. Data is also maintained as hardcopy or paper print. Since accounting limits itself only to those transactions and events

A Rich History of the Carrot Cake

Carrot cake is a confectionery conundrum: it seems you either love it, or you hate it. But either way, theres no denying the appeal of this rich dessert throughout history. Food historians tell us that the origins of carrot cake were likely a type of carrot pudding enjoyed during medieval times. Later, during the Middle

How We Write Cell Phone Reviews

We test a variety of electronic products in our test center and our cell phone review team is the busiest. This is because phone market is the busier as compared to other gadgets. Lots of cell phones are coming in market; some are master pieces while some are disaster pieces. When we write cell phone

My Personal Testimonies of the Power of Gratitude and Attracting Wealth and Abundance

My Sequel Post about How the Power of Gratitude can Work for Attracting Wealth and Abundance… Since my last post about attracting wealth and abundance through the power of gratitude, I have been blessed with a lot of good things, which of course has inspired me to write another post about this incredible power dictated

Building a Kingdom – Case Study of Kingdom Financial Holdings Limited

This article presents a case study of sustained entrepreneurial growth of Kingdom Financial Holdings. It is one of the entrepreneurial banks which survived the financial crisis that started in Zimbabwe in 2003. The bank was established in 1994 by four entrepreneurial young bankers. It has grown substantially over the years. The case examines the origins,