what is the diff between CASH CREDIT limit & margin.
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)
| Is This Answer Correct ? | 23 Yes | 2 No |
what is deferred revenue expenditure?
paid salary rs.10000 by cheque to mr ravi
What is the concept of Loan against Shares (LAS) & ALBM?
What is he difference between OD account and CC account
what is account & what is finance
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????
what is entry for depreciation?
44 Answers Genpact, IBM, Maersk, OPI Global, Wipro,
What is Amalgamation?
expand W C T
what is amortization
Salary to the employee comes under expense or liabilty to the co? how?
Expand-------NSAC