Cash credit & OD Account differ

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 November 2009 can you tell me any one what is the differnce between cash cedit and OD account

CA. B.SRINIVASULU (Expert)
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26 November 2009 Cash credit is sanctioned against Stock and Debtors.

Whereas od is sanctioned against property or deposits.

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