Difference between Fund Flow Statement & Cash Flow Statement Difference between Fund Flow Statement & Cash Flow Statement CASH AND FUND FLOW The statement of change in financial position is known as “ Fund Flow Statement “. Because Fund Flow […]
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Difference Between Letter of Credit and Bank Guarantee
Difference Between Letter of Credit and Bank Guarantee Letter of Credit (L/C) is a financial instrument, used as an evidence of creditworthiness, issued by the bank of the buyer, concerning his credit history. L/C is often confused with a bank […]
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