Answer / thakur

Cash Credit Limit is the limit what the banks issue to
companies/firms against hypothecation of stock/debtors etc.
to meet the financial requirements.

for example :
Total debtors/Stock = 100%
Less Margin 25%(as per banks term & conditions)
Net balance =75% (Cash Credit Limit)

What is the relationship between, issued share capital, share premium and paid up capital?

0 Answers  

---

Tell us something about Sinking Fund.

3 Answers   HSBC,

---

Choose the right answer When transport charges reimbursed by the supplier we have to credit 1.Transport charges 2.supplier 3.Other income

2 Answers  

---

what is format of Trial balance

18 Answers  

---

what is provision?

1 Answers   Genpact,

---

what is unique in you i.e, why should i prefer you than

0 Answers   ADP,

---

EXPAND_______________TSI

1 Answers  

---

what do u know about accountancy and book keeping?

2 Answers   State Bank Of India SBI,

---

Mac Purchased on 15th Jan 12000/- 30th June Machinery damaged due to Fire Accident 31st Dec received the Insurance Premium 13000/-. Pass the Journal Entry for all the above three

23 Answers   Genpact,

---

What are the Goddwill calculation Methods?

4 Answers   Capital IQ,

---

In SAP FICO How many ways we are Procuring the assets in the Company?

0 Answers   Spectra Soft,

---

what is meant by transposition error

0 Answers  

---