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A trial balance is an internal financial statement that lists the adjusted closing balances of all the general ledger accounts (both revenue and capital) contained in the ledger of a business as at a specific date.
PT Jaminan Kredit Indonesia (Jamkrindo) is a part of one of Indonesia's state-owned enterprises and is a component of PT Bahana Pembinaan Usaha Indonesia (Indonesia Financial Group), operating in the field of credit guarantee, both conventional and sharia. [1] It is the only state-owned enterprise tasked with providing guarantees. [2] [3] [4]
A company limited by guarantee (CLG) is a type of company where the liability of members in the event the company is wound up is limited to a (typically very small) amount listed in the company's articles or constitution. [1]
European surety bonds can be issued by banks and surety companies. If issued by banks they are called "Bank Guaranties" in English and Cautions in French, if issued by a surety company they are called surety / bonds. They pay out cash to the limit of guaranty in the event of the default of the Principal to uphold his obligations to the Obligee ...
A bank guarantee allows the customer, or debtor, to acquire goods, purchase equipment or draw down a loan. [1] A bank guarantee is a promise from a bank or other lending institution that if a particular borrower defaults, the bank will cover the loss. A bank guarantee is similar to, but not the same as a letter of credit. [2]
South Florida commonly attracts homeowners who want glorious beach views and warm weather. But new state laws require condos to have sufficient cash reserves to cover any major repairs and conduct ...
Robert Pattinson's "The Batman" sequel is dealing with the toughest villain of all — The Writer's Block. DC Studio co-chief James Gunn confirmed Friday that writer/director Matt Reeves' "The ...
The bank, in an effort to secure its loan, will place a lien (a charge) on the property, so that if the borrower does not repay the loan, the bank gets the right to foreclose on the borrower's right to hold title and have the title be transferred to the bank (or the house be auctioned and the proceeds received by bank).