defination of letter of credit
Answer / 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.
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Classification of Bank A/c and Bank OD account
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
Short Answer on __________Leverage
Compute the sales tax amount on the following transactions: MRP rs 1000/- Sales Tax is 10% cess on sales tax is 5% Turnover tax is 1% on net turnover
Whast do you mean by diversification? Is it related to risk?
Tell me if the company wants to enhance thier business and incured the cost on other building (like Buliding Material, Iron and Others) so we will put it in to the expenses or i have to put it into the Fixed asset land and buildin by passing this entry Land and Building (Dr) Bank/Cash/Detors) (Cr) Thanks
capitla budgeting
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joint venture?