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Some accounting questions

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abhilash



Joined: 21 Jul 2008
Posts: 1
Posted: Mon Jul 21, 2008 5:30 am    Post subject: Some accounting questions  
I would like this forum to post reply to my questions on the following:-

1) how would you calculate closing stock of a manufacturing/construction company?
2) what you mean by "High sea sales"?. How one can enter into a High sea sales contract?.
3) What is a letter of credit, how many types of letters of credit are there?.
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