what is credit limit ?

Answer Posted / jayalakshmi

Credit limit given to customer as per turnover during the
period of 3 months not on the total turnover . Based on his
preceding sales and payment received .

Is This Answer Correct ?    3 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the different advantages and disadvantages of internal audit?

742


How to do an internal audit effectively?

779


How to reconcile GST Tally and GST Portal ?

1940


while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?

1506


Whats are the importance of evaluating an internal audit department?

773






Do you know the different types of audits?

722


What is final audit?

782


What is the mean of statutory audit?

809


Explain about cross functional audits?

2077


Explain different functions of internal audit?

787


What is the role of internal audit?

796


what is the PRPOER way of accounting salaries ETF EPF

2386


is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me

1878


Tell me that how I can evaluate the internal control audit?

778


central excise all question

2238