03-29-2011, 12:56 PM
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by zulfi721</i>
<br />Can any body guide me about the accounting treatment of LC.as far as i know a LC account is opend & all expenses incurred on the LC are debited the LC account....LC could be for Fixed asset purchase or inventory purchase....early response would be appreciable....
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
can any help regarding the above question
<br />Can any body guide me about the accounting treatment of LC.as far as i know a LC account is opend & all expenses incurred on the LC are debited the LC account....LC could be for Fixed asset purchase or inventory purchase....early response would be appreciable....
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
can any help regarding the above question