Answer Posted / sonal soni
DP is the drawing power which is given by bank to there customer who is CC Account holder. It is the limit up to which the Holder can withdraw the funds from his Account for the limited period. Normally the DP can be calculated as follow
Debtors-Creditors and the need to submit the Stock Statement to the Bank.
| Is This Answer Correct ? | 7 Yes | 14 No |
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