Shopping Cart

No products in the cart.

Back to Course

SS1: ECONOMICS - 3RD TERM

0% Complete
0/0 Steps
  1. Mining
    3 Topics
    |
    1 Quiz
  2. Financial Institutions I
    7 Topics
    |
    1 Quiz
  3. Financial Institutions II
    5 Topics
    |
    1 Quiz
  4. Financial Institutions III
    5 Topics
    |
    1 Quiz
  5. Business Organisation
    3 Topics
  6. Money
    5 Topics
    |
    1 Quiz
  7. Channels of Distribution I
    5 Topics
    |
    1 Quiz
  8. Channels of Distribution II
    6 Topics
    |
    1 Quiz
  9. Business Finance
    7 Topics
    |
    1 Quiz

Quizzes

  • excellence

  • Follow

Lesson Progress
0% Complete

Topic Content:

  • Current Account
  • Savings Account
  • Fixed Deposit Account

There are three types of accounts used in recording customers’ deposits.

They are current, deposit and savings accounts.

Current Account:

The current account is also called a demand deposit account. It is a type of account that businessmen and organisations commonly use for their financial transactions in the bank. A chequebook is given to 

🔒 Premium Content

Full lesson notes for the term are available to subscribers only.

 

You are viewing an excerpt of this Topic. Subscribe Now to get Full Access to ALL this Subject’s Topics and Quizzes for this Term!

Click on the button “Subscribe Now” below for Full Access!

Subscribe Now

Note: If you have Already Subscribed and you are seeing this message, it means you are logged out. Please Log In using the Login Button Below to Carry on Studying!

  • ⚡ Instant grading & results
  • 📈 Student progress tracking
  • 📝 End-of-term examinations
  • 📄 Official student report cards
  • 🚫 Ad-free learning experience
  • 📱 Mobile & desktop friendly
🚀 Unlock everything with one subscription

Like this content

Subscribe
Notify of
guest
0 Comments
Oldest
Newest
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x
×
Loading Kofa Arcade
Getting Game Ready...

Report

Harassment or bullying behavior
Contains mature or sensitive content
Contains misleading or false information
Contains abusive or derogatory content
Contains spam, fake content or potential malware

Block Member?

Please confirm you want to block this member.

You will no longer be able to:

  • See blocked member's posts
  • Mention this member in posts
  • Invite this member to groups
  • Message this member
  • Add this member as a connection

Please note: This action will also remove this member from your connections and send a report to the site admin. Please allow a few minutes for this process to complete.

Report

You have already reported this .