Confirmed letter of credit and P&L: Difference between pages

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''International trade''.
Profit and Loss account.


Letter of credit to which the advising bank adds its confirmation to the credit, assuring the exporter that payment will be made under the terms of the letter of credit even if the issuing bank defaults.


== See also ==
== See also ==
* [[Letter of credit]]
* [[EP&L]]
* [[Income statement]]
* [[Profit and Loss account]]
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 13:57, 24 February 2021

Profit and Loss account.


See also

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