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LETTER OF CREDIT

This query is : Resolved 
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(Querist)
06 May 2008 DEAR SIR,
I HAVE A DOUBT REGARDING ACCOUNTING OF LETTER OF CREDIT WHICH HAS BEEN ACCEPTED BY THE COMPANY BUT NOT CLEARED DURING END OF FINANCIAL YEAR & HOW THESE ARE SHOWN IN THE BALANCE SHEET
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CA. Yayati Tyagi

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CA. Yayati Tyagi (Expert)
27 May 2008 no accounting in books, simply disclose in notes to accounts

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