Answer Posted / gauravmba

it is a system of fund transfer machanism where transfer of
money takes place from one bank to another on a ral time and
on gross bases. this is the fastest possible money transfer
system through the banking channel.
settlement in real time means"Payment transaction is not
subjected to any process of waiting period . the
Transactions are setteled on soon as they are they are
processed "gross settlement" on one to one bases without
bunching with any other transaction considering that money
transfer takes place in the books of the reserve bank of
india, the payment is taken as final & irrevocable.
RTGS is primarily for the large value transsaction.The
minimum to be remitted through RTGS is One lack

selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

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how many types of practice accounts?

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PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

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