Answer Posted / pnv srinivasu
A letter from a bank guarnteeing that a buyers payment to a
seller will be received on time and for the correct amount.
In the event that buyer is unable to make payment on the
purchase the bank will be required to cover the full or
remaining amount of the purchase.
| Is This Answer Correct ? | 19 Yes | 0 No |
Post New Answer View All Answers
what is organic profit? and how it is calculated?
i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?
im preparing for the sbi clerical post please send me the solved questions.
Expand-------NSAC
How Are The Balance Sheet And Income Statement Connected?
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
What is outsider equity and time interest period ratio?
what is the frienge benefits tax?what is usefull?
what are the financial ratios that a manager see in accounting?
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
Distinguish capital and revenue expenditure
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching