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Answer Posted / ravikiran
bank grantee is a guarantee made by a bank on behalf of a
customers (esteemed/valued customer of the bank)
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In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
Account for letter of credit in the books?
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1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
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is we can prepare any account for partnership in tally
