Bank guarantee

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340 Points Joined May 2010

Fixes deposit was kept in the form of bank guarantee. Now the Bank guarantee is invoked. What will be the accounting entry?

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On 18 May 2019 at 01:04 Report
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
Can You elaborate with some details...?!

Bank Guarantee invoked means "Deposit is refund or Now deposit is not a guarantee"

or

Are you issues any other guarantee or bank not need guarantee...?
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On 18 May 2019 at 05:16


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