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Arundhati Raychaudhuri (no designation)     18 May 2019

Bank guarantee

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

 1 Replies


RAJA P M ("Do the Right Thing...!!!")     18 May 2019

Can You elaborate with some details...?!

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


Are you issues any other guarantee or bank not need guarantee...?

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