Balance sheet of ltd company
This query is : Resolved
ashok bhurani
(Querist)
15 July 2014
As per requirement of company law, balance sheet must show the term loan in two parts:
1) Term loan portion which is repayable within next twelve months and
2) Term loan payable beyond 12 months
Now my query is
How to calculate the amount of loan repayable within next twelve months if I do not have loan repayment schedule with detailed interest calculation.
Some times loan installment is not fixed (specially in case of loan from nationalized banks), in that case how can I determine the amount which is due in next 12 months
Kindly resolve the query at the earliest.
1) Term loan portion which is repayable within next twelve months and
2) Term loan payable beyond 12 months
Now my query is
How to calculate the amount of loan repayable within next twelve months if I do not have loan repayment schedule with detailed interest calculation.
Some times loan installment is not fixed (specially in case of loan from nationalized banks), in that case how can I determine the amount which is due in next 12 months
Kindly resolve the query at the earliest.
15 July 2014
then just provide this details in notes to accounts that is valid.
ashok bhurani
(Querist)
15 July 2014
can you please reply in details
15 July 2014
below p n l schedules u can give as notes to accounts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Movement of goods by packers and movers - type of sale - Reg.
- Missed uploading GST Invoice
- Closer of business and itc of capital goods
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Appointment of Auditor By Form ADT-1
- ARCA LOGIN
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
