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Break up of balance sheet
A party is sanctioned term loan in Nov 2013.for balance sheet break up as on 31.03.2014 whether term loan instalments to be carved out as current liability are for coming 12 months or only 3 months ie.Dec 2014 to Mar 2014.please guide.
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installments to be paid in next 12 months will be shown under current maturities of long term debt, rest under long term loans and advances.
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