RELATING TO A/C

This query is : Resolved 

07 August 2008


WHAT IS THE MWANING OF PROGRESS PAYMENT?

07 August 2008

REPLY AS EARLY AS POSSIBLE

07 August 2008 for contracts taking a long period to complete, generally part payments are taken. these are called progress payt. for eg: construction of a building. contractor takes progress payt based on percentage of completion.




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