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LC - letter of credit
PDC - post dated cheque
CDC - current dated cheque
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∙ 12y ago
Abdulraheem Abdul Kh...
Kelvin Bethel
Yankeeboy Lokesh
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What does PDC stand for?
p= park d= distance c=control
What are the journal entries for post dated cheques issued?
The journal entries for PDC's issued are the following;1. Debit the Prepaid Expenses a/c.(Rent,etc)2. Credit the PDC Payable a/c.When one PDC becomes due and the chq.encashed;1. Debit the Expenses a/c.(Rent,etc.)2. Credit the Prepaid Expenses a/c.3. Debit the PDC Payable a/c.4. Credit the the Bank a/c.
When dissconecting a PDC under load which two phases are opened first and simultaneously?
a and c phase
What is c for down payment?
full payment one time
How is a dividend payment recorded?
profit transfering to capital p&l a\c ...dr to capital payment capital a\c ...dr to cash
What is the external and internal terms of a ratio?
If A is to B as C is to D, A and D are the external terms or the extremes of the proportion, and B and C are the internal terms or the means.
What is letter of credit at site?
Letter of credit at site is a kind of Letter of Credit. It is basically when the bank has to release the payment when the goods reach the specified site as agreed upon in the terms and conditions of the L/C or the transaction
How can you pass entry for bank payment?
ABC A/c Dr. 20000.00To Bank A/c Cr. 20000.00
Can you make a partial payment to the chapter 13 trustee?
You should check with your c 13 trustee. In general you can make a partial payment, but if the next payment is also a partial payment, or if you do not make up the difference, the trustee will file a motion to dismiss your case. It is always a good idea to let the trustee's office know your next payment will be short and why, and when you expect to get caught up. If you will not be able to continue the c. 13 payments as set forth in the plan, you may be able to end your c. 13 early or convert to a c 7. Consult your bankruptcy lawyer.
What is cheque name for vat payment?
Sbi a/c commercial tax
What is 3b - c?
They are 2 terms of an algebraic expression in the form of: 3b -c
What does c stand for in mathematical terms?
Cups
