Answer / pnv srinivasu

A letter from a bank guarnteeing that a buyers payment to a
seller will be received on time and for the correct amount.
In the event that buyer is unable to make payment on the
purchase the bank will be required to cover the full or
remaining amount of the purchase.

Answer / krishnakishore

Letter of Credit (L.C) is document which is issued by Bank
onbehalf of faithfull customer to Third party.

In order to comply with the matching principle, adjustment entries are made at the preparation of ----------

0 Answers  

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Expand F R R O

2 Answers  

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vwhy a variable cost is said to be variable?

6 Answers  

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EXPAND_________SMS

1 Answers  

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Expand-------ATBN

0 Answers   ACS,

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What is the meaning of Journal Ledger?

5 Answers   Wipro,

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what is new updates in account

0 Answers   Goya Foods, State Bank Of India SBI,

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wages posted twice what is the entry for that?

0 Answers   Genpact,

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1. A firm buys stock for $100 by cheque and intends to sell it for $200, so the double entry should be a) Debit bank $100 and credit stock $ 100 b) Credit bank $ 200 and debit stock $ 200 c) Debit purchases $100 and credit sales $ 200 d) Debit purchases $ 100 and credit bank $ 100

3 Answers   FactSet Systems,

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what is the full form of esi in payroll what is calculation in payroll

1 Answers   Reliance, Wipro,

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In Profit & Loss Accounts, "Sales of Products" consists of Price of Material & Excise. Why Sales Tax (CST or VAT) is not considered as part of "Sales of Products".

1 Answers  

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WHAT IS VOSTRO Account?

1 Answers   Banking, Wipro,

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