what is letter of credit and how do you settle it
Answer / s.divya
it is nothing but a credit worthyness of a client given by
banks for trading purpose.
Is This Answer Correct ? | 2 Yes | 5 No |
Expand-------NSAC
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
Short Answer on ________Accounts Payables
SIR, Tell me the which software useful for the accounting procees . what is difference is between the finacial accounting and mangemeting what are responsebilitys for a company .
What is the difference btwn "Sales" and "Turnvoer".
What elements of your job do you find most difficult
Short Answer on ________Sole Proprietor
How prepare the accounting MIS report?
fill in the Blanks Working Capital is current Assets__________________
which kind of expenses or Income will come under direct expenses or Income ?
Can closing stock of current year be present in tht Trial Balance of said year...????
How to enter an invoice already paid?