what is the meaning of LETTER OF CREDIT?
Answer Posted / janardhan
A letter of Credit is Basically a Document issued by bank
Guaranteing a clients Ability to pay for goods or services.
A bank or finance copany issues a letter of credit on
behalf of an importer or Buyer.
| Is This Answer Correct ? | 41 Yes | 5 No |
Post New Answer View All Answers
Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
All shot cut key use in the tally software & it's uses
would gross expenditure vouch the correctness or otherwise of the given expenses?
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
If its is declared by auditor that business is not going concern that what journal entry will be pass?
we want all sbi previous questions papers in our e.mail krishna2043 on yahoo
Expand CASA
What is DECR And for wt it is used?
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks
Example for extra ordinary expenditure?
Can I freeze my account?
Should I have perfect credit score, that is, above 800 credit score?
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.