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what is the meaning of RTGS?
why & where is it used?
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Answer Posted / krishna murthy gm
RTGS means Real Time Gross Settelment which means it can be
used for immediate payment within minutes. EXAMPLE YOUR A/C
IN TWO PLACES YOU CAN TRANSFER FUND FROM ONE A/C TO ANOTHER
BY INTERNET SYSTEM WHICH IS USED BY BANK
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The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
Expand-------MTRS
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