profarma of letter of credit
Answers were Sorted based on User's Feedback
Answer / avi
Letter of credit generally the shortform is used "LC" LC
means businessman can buy the product on credit from the
manufacturer by opening lc from bank & payment directly
paid to the manufacturer by bank against the bill. & bank
will charge interest on businessment. proferma of letter of
credit shows 1. date 2. no. 3. Party name 4 Particulars of
goods 5 Qty. of goods 6 Value of goods 7. Credit days 8.
rate of interest 8. due date.9. acceptance from goods
receiver. mentioned by the lc issuer.
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / giridhar
Proforma Invoice / Letter is nothing but the copy of
previous invoice raised same kind of goods. It happens when
a customer ask for a quotation then the vendor provide
proforma Invoice for getting a purchase order/s.
Is This Answer Correct ? | 0 Yes | 1 No |
What are bad debits?
Weather Entry tax on consumable goods purchased against CST
CAN A PERSON OPEN A PERSONAL CURRENT ACCOUNT IN BANK FOR PERSOANAL TRANSACTION.
Expand GAAP?
i want to deregistar my sms banking at axis bank
Difference between Income & Expenditure A/c AND P/L a/c.
6 Answers HCL, Radico Khaitan, Siemens,
Proposed Divided is not shown as current liabilities
expand C T O
What is contract accounting?
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
what is fixed cost?
explain sales/purchase accounting?