what is the meaning of LETTER OF CREDIT?
- 6 Answers
- 20447 Views
- Capital IQ, I also Faced
- E-Mail Answers
Answer Posted / janardhan
A letter of Credit is Basically a Document issued by bank
Guaranteing a clients Ability to pay for goods or services.
A bank or finance copany issues a letter of credit on
behalf of an importer or Buyer.
| Is This Answer Correct ? | 41 Yes | 5 No |
Post New Answer View All Answers
Who will be called as consignee
Depreciation method to using Indian company names
For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax
what is meant by virus
Short Answer on ___________Cash Profit
whts is the meaning of over cost and under cost, what is difference ?
Expand-------IETF
what are the rules and regulations of junior accountant
what is mean by ledger
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
EXPAND______________ICT
Total numbers of companies listed on stock Exchange?
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
i want the steps involved in the customization for the process order. my situations is if i take the process order for x qty then stores people can issue only x qty not less or not more. how to do this. pls help me
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts ..............
