Cost of goods sold
This query is : Resolved
26 September 2011
DEAR SIR,
WHAT IS COST OF GOODS SOLD? WAHT IS MARGIN MONEY & WAHT IS BANK GUARANTEE .WHAT IS IT'S USE.
WHAT IS COST OF GOODS SOLD? WAHT IS MARGIN MONEY & WAHT IS BANK GUARANTEE .WHAT IS IT'S USE.
26 September 2011
well Cost of goods sold is the actual cost which has been incured in the production of that particulasr good which has been sold
Margin money is the amount of margin that bank retains while advancing the money for example, they give 80 % of the land held by you so in that case 20 % is the margin money
Bank guarantee is the guarantee that is to be deposited to the party with whom you are entering the contract for its future performance as guarantee as you are gonna enter and complete the contract, if you r not executing the contract, the other party may encash the bank guarantee and realise the cash
Margin money is the amount of margin that bank retains while advancing the money for example, they give 80 % of the land held by you so in that case 20 % is the margin money
Bank guarantee is the guarantee that is to be deposited to the party with whom you are entering the contract for its future performance as guarantee as you are gonna enter and complete the contract, if you r not executing the contract, the other party may encash the bank guarantee and realise the cash
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- Refund of AY 22-23
- Disallowance of Section 43B(h) to sez units
- Filing of Form 10BB instead of Filing Form 10B
- Applicability of Ind As to associate of associate
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Ineligible ITC claimed
- TDS Deduction Online Learing Platform
- Point (III) 9 of GSTR-9C
- As per our records, find the below outstanding demand(s)* and interest payable u/s 220(2):
- Regarding transaction th. credit card
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
