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Disclosures - Loans/Advances to JV(AS 27)

This query is : Resolved 
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(Querist)
15 July 2008 Hi,

Where shall loans/advances given to Joint ventures be disclosed in the stand -alone Balance Sheet

1) Loan to Jointly controlled entity @ 10% -- As per AS 27 shall it be disclosed under "Current Assets, Loans & Advances" or is it under "Investments" head.

2) Advances to JV Jointly controlled entity --- is it disclosed under under "Current Assets, Loans & Advances" or is it under "Investments" head.

Plz elaborate as per AS 27

How are the above disclosed in sttand-alone balance sheet of the parent company?
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Amit Bajaj

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Amit Bajaj (Expert)
25 July 2008 It should be shown as loans to jointly controlled entities unders loans and advances.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
18 June 2023 "Sorry, I am not a featured member."

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