LC Means letter of Credit.
It is a negotiable instrument to make payment through bankers of both parties, i.e. Payer & Payee
Upon application of LC, on the buyer's books it still payable until the agreed time that the LC become due and demandable.
four phases of accounting and their meaning
what are different types of accounting what are different types of accounting
There are 4 phases of accounting as follows:RecordingClassifyingSummarizingInterpration
is a principal of accounting meaning means fully covered accounting satatements.
Upon application of LC, on the buyer's books it still payable until the agreed time that the LC become due and demandable.
Letter of Credit payment
Letter of Credit payment
four phases of accounting and their meaning
"LC" could refer to various things on a map, such as a location code, coordinates, or a specific feature like a park or landmark. Without more context, it is difficult to determine the meaning of "LC" on a map.
what are different types of accounting what are different types of accounting
There are 4 phases of accounting as follows:RecordingClassifyingSummarizingInterpration
is a principal of accounting meaning means fully covered accounting satatements.
Accounting education is the what you learn about accounting. You can either go to school or learn the information at your job.
Jesus Christ, Conqueror"
Accounting Theory is defined as the study of methodologies and financial accounting principles. The Accounting Theory is continuously-evolving and changing.
"Lc" stamped on gold likely refers to the manufacturer or maker's mark. This mark helps identify the company or individual who produced the gold item. It is recommended to do further research or contact a professional appraiser to determine the specific meaning of "lc" in this context.