Interested to Buy Any Domain ? << Click Here >> for more details...
what is different between LC's and BG's
- 1 Answers
- 10041 Views
- IVRCL, I also Faced
- E-Mail Answers
Answer / krunal joshi
Practically, latter of credit is a document indicating creditworthyness of
importer to make payment to exporter wherein importer's bank gives a
guarantee to exporter that in case of any abnormality, if importer fails to
make payment then bank will do the same.
While in case of BG bank gives a guarantee to their client that in case of
non performance of the job by contractor, client can encash the BG
from bank. By are of 3types. Advance, security & performance.
| Is This Answer Correct ? | 16 Yes | 0 No |
what is Journal Entries?
what are rate of tds ? what main difference betn tds & tcs
what is ledger account
Breif notes about accounting standards
Where we show the Contingent Assets.
What is the accounting treatment for finance lease in lessee's viewpoint?
EXPAND___________IMF
In p&l account where does miscellaneous expenses comes
what is IRP?
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
we want all sbi previous questions papers in our e.mail krishna2043 on yahoo
What do you means strength of a person in accounting term
Audit 
