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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