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Hold amount

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(Querist)
11 July 2013 Dear Expert

What is Entry for Hold Amount for example:-
i have placed a order for Rs.1,00000/- as per
term 95% payment after completion of work &
Balance 5% after 6 moth from the date of completion.
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Anil Sankar V

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Anil Sankar V (Expert)
11 July 2013 consider it as an advance

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