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fd loan

This query is : Resolved 
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(Querist)
08 April 2009 bank has given loan against partners fd which group should i give loan (liablity) OR secured loan
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Sachidanand Singh

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Sachidanand Singh (Expert)
13 April 2009 Bank in its books will treat it as a secured loan, and so will it be classified in the firm's accounts as well.
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