Greenback Paper money issued by the US government during the Civil War. Authorized by Congress as legal tender, they could not be redeemed in gold or coins. The idea of the federal government issuing paper money met with hard resistance. Some people feared, with good reason, that it would create a financial calamity. But after …
While the World Health Organisation has not classified it as a variant of concern, experts have warned that it can spread rapidly. Reports suggest that Hong Kong has reported 81 severe cases and 30 deaths linked to the variant in just four weeks, particularly individuals aged 65 and above. And even if you’re among the …
New Covid-19 Variant NB 1.8.1 is Highly Contagious, Warn Experts; What We Know So Far Read More »
The main disadvantage of a receipt and payment account is that it does not provide a clear picture of the financial performance of an organization. It only records transactions as they occur and does not provide any information on the overall financial position of the organization. Additionally, it does not provide any information on the …