What is Electronic clearances?

Answer Posted / mail

Electronic clearances system (ECS),Morden Type of Clearing
of transction to quickly taking place. in Electronic
clearances system a bank have give ECS letter give
accountholder.

Is This Answer Correct ?    4 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is your achievements?

1521


Total numbers of companies listed on stock Exchange?

2101


how to solved the shares qusionas ?

1612


What is the definition of LOSS. Give the formula if any.

1703


what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.

1559






Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

1476


what is Calculation of Depreciation for 4 to 5 Years?

1731


what is the reason for balance sheet not getting tallyed

1720


i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.

1812


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

1544


Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe

3222


what is new updates in account

1563


Whatis new GL & Odd G.L What is the difference between these two.

1657


How to enter PO in SAP

1462


how to prepare mba finance for interview questions

2126