PREPAIRATION OF BANK STATEMENT FOR CC
This query is : Resolved
04 February 2011
Sir,our cc limit is 1400000.00.I made a stock statement as=Cl.Stock(807081.00)+ goods in process(920000.00)+ finished goods(30000.00)+ debtors(260000.00)= 2017081.00, Sir please confirm me whether its right or not.And what will be the correct statement(approx).
06 February 2011
What is the margin fixed by bank against your CC limit. Just deduct the margin , if it is more than Rs 14 lakhs, You will use full limit.
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