what is the diff between CASH CREDIT limit & margin.
Answer Posted / thakur
Cash Credit Limit is the limit what the banks issue to
companies/firms against hypothecation of stock/debtors etc.
to meet the financial requirements.
for example :
Total debtors/Stock = 100%
Less Margin 25%(as per banks term & conditions)
Net balance =75% (Cash Credit Limit)
Is This Answer Correct ? | 23 Yes | 2 No |
Post New Answer View All Answers
Expand RMP
how do you prepare the mis reports and prepare the one example report stating your accounts department proforma
I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.
Expand-------IETF
company's total overhead expense is containing which are the expenses? Definition of overhead expense.
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
Depreciation method to using Indian company names
What is a Balance Sheet & Profit & Loss Account?
What is Financial planning?
Expand-------NAST
what is finance what is bpo why do u want join a BPO types of process in BPO Company's
how to entry in tally for other person check received
what is corporate accounting?
we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?