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)

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 ..............

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