Scribd Logo
Upload

Welcome to Scribd!

  • Ubi 6

    Uploaded by

    boomtech
    11 views1 page
    This document calculates the drawing power under a book-debts facility for a company with Union Bank of India. It shows the company has eligible book debts of INR 15,65,518 but a 40% margin reduces the drawing power to INR 6,26,207. It also calculates a total drawing power of INR 10,73,942 by combining the limits against stocks and book debts.

    Original Description:

    Original Title

    UBI 6

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document calculates the drawing power under a book-debts facility for a company with Union Bank of India. It shows the company has eligible book debts of INR 15,65,518 but a 40% margin reduces the drawing power to INR 6,26,207. It also calculates a total drawing power of INR 10,73,942 by combining the limits against stocks and book debts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    11 views1 page

    Ubi 6

    Uploaded by

    boomtech
    This document calculates the drawing power under a book-debts facility for a company with Union Bank of India. It shows the company has eligible book debts of INR 15,65,518 but a 40% margin reduces the drawing power to INR 6,26,207. It also calculates a total drawing power of INR 10,73,942 by combining the limits against stocks and book debts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 1

    CALCULATION OF DRAWING POWER

    under BOOK-DEBTS FACILITY

    Name of the Account: Union Bank of India


    Katol road Branch

    Eligible Book-Debts as per detailed Book-Debts Statement


    as on 30/01/2023 INR
    15,65,518.00

    LESS: Margin (@ 40 %) INR


    9,39,311 .00

    Total Drawing Power against Book – Debts INR


    6,26,207.00

    CALCULATION OF DRAWING POWER FOR ACCOUNTS


    HAVING COMBINED LIMITS AGAINST STOCKS & BOOK-DEBTS

    (Rs. in ……………)

    DP as per Stocks Statement (Our Share) INR 4,47,735/-

    DP as per Book-Debts Statement (Our Share) INR 6,29,207/-

    Total D.P. INR 10,73,942/-

    Signature of
    Authorised Signatory

    You might also like