the revolving credit facility will be specified


The revolving credit facility will be specified by the banker to the customer through providing specific amount of credit facility for a continuous basis. The borrower will not be permitted to exceed the limits sanctioned through the bank. That type of credit facilities will be specified by the banks to their customers in the form of over draft facility.

Request for Solution File

Ask an Expert for Answer!!
Managerial Accounting: the revolving credit facility will be specified
Reference No:- TGS0263705

Expected delivery within 24 Hours