Payment example sentences

In the case of usance draft, on the other hand, the documents are delivered to the importer against his or her acceptance of the bill of exchange for making payment at the end of a specified period, say three months.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.Secured debentures refer to those debentures where a charge is created on the assets of the company for the purpose of payment in case of default.To ensure payment on due date Amit draws a bill of exchange upon Rohit for Rs.Local bankers guaranteed the payment of this contracted amount to the state.This essentially involves five steps namely, adjusting the revenue receipts on the debit side to include outstanding incomes and incomes relating to the current year received earlier and to exclude amounts received in arrears or in advance; adjusting revenue payments on the credit side; identifying and showing non-cash expenses and losses on the debit side of the Income and Expenditure Account; computing and showing profits/losses from trading and/or social activities on the credit/debit side of the Income and Expenditure Account; and ascertaining the surplus or deficit as the closing balance of the Income and Expenditure Account.The wholesalers provide financial assistance to the manufacturers in the sense that they generally make cash payment for the goods purchased by them.The payment of dividend is an appropriation out profits, whereas the payment of interest is a charge on profits and is to be paid even if there is no profit.Means discharge of liability on account of debenture/bond by repayment made to debenture holders.A country is said to be in balance of payments equilibrium when the sum of its current account and its non-reserve capital account equals zero, so that the current account balance is financed entirely by international lending without reserve movements.In this case, the time of repayment is known in advance and the company can plan its financial resources accordingly.The payment of dividend is an appropriation out profits, whereas the payment of interest is a charge on profits and is to be paid even if there is no profit.700 will be shown as receipt in Receipts and Payments Account and Rs.The accountant of the trader has advised him not to consider the expected loss on account of payment of legal damages because the amount is not certain and the final judgment of the court is not yet out.IMF agreed to lend money to India subject to the condition that India would undergo structural changes to be able to ensure repayment of borrowed funds.