Answer Posted / digant
A letter from a bank guaranteeing that a buyer's payment to
a seller will be received on time and for the correct
amount. In the event that the buyer is unable to make
payment on the purchase, the bank will be required to cover
the full or remaining amount of the purchase.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
Describe me accounting rules
What is purchasing order?
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
Aptitude Test Questions
what is gl a/c? & why is it maintain
Mention whether the account "cash" will be credited or debited when a company pays a bill?
What are negative postings?What are Credit memos ?Payment Requests ?
how to pass journal entries for reverse tax on input tax paid
in trading credit why does goods sent on consignment come?
hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
Scope and nature of Accounting
What is icai?
What is the purpose of financial statements?
