EASYOFFICE

Calculation of interest on cc limit

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 November 2013 Dear Sir,

I am a senior accountant in a manufacturing co., I want to know haw is the method to calculate interest on CC limit
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
01 December 2013 It is based on the daily balance method. apply interest rate on daily balancing method. files are available at file section,you can use the same

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links