what is the Journal entry for BANK GUARANTEE given by a bank
for our company? Giv an example.

Answer Posted / thomas

when a company introduces new brand, that particular new
brand company asks for bank guarantee that is called bank
guarantee.

Is This Answer Correct ?    4 Yes 23 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT

1578


What is the fictitious assets?

631


please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

4224


Purchase and sales sahres accounting entry which have stt brokerage and other taxes

3562


What are the different branches of accounting?

606






If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?

619


What is the Technology used to carry out trades? Pls Tell me as early as possible.

3071


In the balance sheet, where do you show tds?

618


What is bond ? What is capital market?

1576


How calculate holding company account?

1622


What are accounting rules called?

645


How to pass journal entry of gifts purchased for employee by using campany ATM card

890


What is vat adjustment?

608


purchase return liability or asset?should it be included in the balanced sheet?

1051


what is the relationship between bookkeeping and accounting?

600