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At the time of issuance of BG
Dr : Constituent's Liability for BGs issued
Cr : Acceptance, Endorsement & Other Obligations - Bank Guarantees
and at the time of cancellation / closure of BG from the books
Dr : Acceptance, Endorsement & Other Obligations - Bank Guarantees
Cr : Constituent's Liability for BGs issued
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∙ 11y ago
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