The Forsyth/Stokes County Livestock Judging Team recently competed in the 2013 NC State Livestock Judging and Skillathon Contests on November 2 and 3 in Raleigh, NC and brought home numerous honors. Youth develop MORE Â» â from Stokes County CenterPosted: 11/22/13.
The term bank refers to a grouping of cylinders in the engine. In V configured engines, as in V6 and V8, Bank 1 is the reference to the RH bank of cylinders, as the engine sits in the car and viewed from the driver seat. Bank 2 is the LH side.
Bank loan. Refers to capital borrowed from the bank. This tends to be more expensive than an overdraft. The difference between a bank loan and a bank overdraft is that a loan is granted for a specific period (say, two years), usually at a set rate of interest (that is, it doesnât vary when bank base rates vary).A bank loan is shown on the balance sheet as a long-term liability.Interest on the loan is recorded as an expense on the Profit and Loss Account. Any capital repayments will reduce the long-term liability on the balance sheet.Short term borrowing to help fund a temporary shortage of funds is more likely to involve a bank overdraft. bank loan is shown on the balance sheet as a long-term liability. Interest on the loan is recorded as an expense on the Profit and Loss Account. Any capital repayments will reduce the long-term liability on the balance sheet.