What is he difference between OD account and CC account
- 5 Answers
- 54618 Views
- Telco, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / raja
OD - OVERDRAFT
CC - CASH CREDIT
BOTH ARE BANKING FACILITY, YOU CAN MAKE USE OF IT
OD - YOU CAN GET AGAINST YOUR DEPOSIT AND ASSETS.
CC - YOU CAN GET ONLY ON YOUR ASSETS
DEPENDS UPON YOUR REQUIREMENT AND YOUR HOLDINGS (SECURITIES)
YOU CAN GET IT FROM THE BANKERS.
ANOTHER ONE IS THERE CALLED TOD - TEMPORARY OVERDRAFT
YOU CAN GET THIS WITH MANAGERS POWER FOR A DAY OR TWO DAYS
| Is This Answer Correct ? | 142 Yes | 34 No |
Answer / jagan
OD - OVERDRAFT
CC - CASH CREDIT
OD - Get our Bank Deposit(FDR) and Current Assets(Closing
stock and Sundry Debtors)
CC - Get only our Current Assets(Closing stock and Sundry
Debtors)its based on our DP ( Drawin power )
| Is This Answer Correct ? | 73 Yes | 22 No |
Answer / md mishra
cc cash credit are only assest
but od are deposit and asseset
| Is This Answer Correct ? | 53 Yes | 11 No |
Answer / g,satish
in case no balance in account the adjust check to trader is called od account
| Is This Answer Correct ? | 7 Yes | 17 No |
if 9+3=722,5+7=536,8+6=845,4+4=613,then what is 7+2=???
Fill in the blank Losses Capital
what is the meaning of input vat & out put vat?
WHAT are the durration of ICWA course.plz.tell details in relevant course.
What is Accout Payable and receible
what are the financial ratios that a manager see in accounting?
Compare and contrast the accounting procedure followed by a sole trader and a partnership firm.
fill in the Blanks ______________will decrease the pwners equity
fd redeem interest and principal entry in tally
what is mean by T and E cosept
What is the meaning of Blue chip?
how many types of financial teribuanal? what is that?
Audit 
