what is the diff between CASH CREDIT limit & margin.
- 1 Answers
- 12125 Views
- TCS, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
why you choose accounting as your career ? ?
How can retify the errors in the trial balance
why are you selecting for the profitbulity analysis costing based& active based
Distinguish value andPrice
You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6
What is the use of final account?
What is Trade Recovery Estimate and how can we calculate it?
Can anyone mail journal entries for me? my Mail id rukmini@live.in
Purchase book is a ----------journal
fiscal year variant Vs posting period variant
What do you know about hyd? Tell something about hyd?
what is the difference between Tally ERP and SAP FI ECC?
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?
what are your plans after completing your MBA (or) studies ?
