How to set/ determine Credit limit of a customer in
Manufacturing and Trading Business?
Answer / sat
We could determiine the credit limit by analysing the credit worthiness of the customer (i.e debt equity analysis) by analysing the debt equity position is he/she is viable assets to met his debt. Based on that we could fix credit limit. ( debt/equity should 2:1)
| Is This Answer Correct ? | 4 Yes | 2 No |
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
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what is suspense a/c?
What is the difference between provision and reverse?
Closing stock not considered in Trial Balance,why?
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13 Answers Infosys, Maya Buildcon,
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