Answer / abdul

Letter of credit is a document which is issued by the bank
for their client.Bank Guarantee is also a document and
issued by the bank for their client.LC is used for purchased
goods & services(mostly used in Export & Import activities).
These documents are mentioned certain terms & Condition for
payment such as beneficiary account detail,Packing List of
Delivery goods,Total Amount,Partial Delivery details,Date of
Delivery,Expiry date of this document etc.But Contract of
Guarantee is giving for Particular Percentage of amount
holding in contract capable person (which is using mainly in
Construction business for quoting some Valuable tender .It
is automatically expiry after contract period finish )

Is tmb is nationalized bank?

1 Answers  

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Received intrest Rs.50 on advanve income-tax paid.

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Why do you prepare a P/L Appropriation a/c?

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stock split

5 Answers   FactSet Systems,

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FIXED Asset - What is the most used method/right method in Depreciation in India and other countries..? (ie., Straight line method,Written down value method. or etc.,). The calculation for depreciation how it stand commonly in all organization..? Is there any difference between companies and assets..? Your answer will be highly appreciated. Thanks in advance.

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What is Capital reserve and Revenue reserve...? Any example would be highly appreciated.

5 Answers   SISA,

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we had company we provide work others they deducted tds how to pass entries in my company please tell me

1 Answers  

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My question is why we debit the input tax, and cradit the output tax. wt is the logic and wt is the principal behind it adil khan( CA STUDENT)

2 Answers   Asia Transport,

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Bank account comes under Real or Personal ?

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reserve for doubtful debts is wich type of account?

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What is portfolio manager responsibilities?

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what should by the journal entries for tds payble

5 Answers  

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