buyer's credit
This query is : Resolved
CA. Aryendra
(Querist)
30 July 2010
Dear Friends,
Can anybody guide me what will be presentation of buyer's credit in Balance sheet as per Indian Accounting Standards
Can anybody guide me what will be presentation of buyer's credit in Balance sheet as per Indian Accounting Standards
CA. Anoop Gadia
(Expert)
30 July 2010
As current balance in liability side.
Message likes :
1 times
CA. Aryendra
(Querist)
03 August 2010
Any reason not show as Secured loan
CA. Anoop Gadia
(Expert)
23 August 2010
because there amount received as buying advance not as loan.
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