Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / chandni
A binding document that a buyer can request from his bank in
order to guarantee that the payment for goods will be
tranferred to the seller.
| Is This Answer Correct ? | 10 Yes | 2 No |
Post New Answer View All Answers
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
what are responsibilities of an accountant in a company?
wht can u do for the growth of bhel?
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
how to solved the shares qusionas ?
you went outside to purchase vegetagles, suddently big rain came then what you will do
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
what is Derivative Documentation,Derivative Settlements,Derivative confirmation?
what are the content of purchase order?
WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME
is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?
example of aptitude ns
