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Tag: credit

by basic mahitiPosted on24th January 202024th January 2020ACCOUNTING

Meaning of Debit Note and Credit Note and use in GST

MEANING OF DEBIT NOTE Debit Note is a document/voucher given by a party to other party stating that such other party’s account is debited in…

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by basic mahitiPosted on22nd January 202022nd January 2020BANKING

What is Overdraft (OD) and Cash Credit (CC) & Difference Between Them

A businessman has two options while taking a loan for his business. Either to opt for long term funding like LAP (Loan against property) or…

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by basic mahitiPosted on17th January 202017th January 2020BANKING

PACS (Primary Agricultural Credit Society)

Founder Government of India Location India Affiliations Cooperative Societies India A Primary Agricultural Credit Society (PACS) is a basic unit and smallest co-operative credit institutions in India…

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by basic mahitiPosted on6th January 20206th January 2020BANKING

Credit Cards vs. Debit Cards

Debit cards are extremely useful and convenient as it relieves us from the stress of carrying a cash heavy wallet, a cheque book, and yet…

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