Balance sheet
This query is : Resolved
01 February 2014
Giving loan means it shall be receive back after some days or time, means it is comes back then how didn't you recognise it as expenditure, it is asset.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
01 February 2014
Loans given to anyone are always assets.
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