Loans
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2011
Sir,
I have doubt about the loan which we acquired for meeting the day to day expenses in our business activities. So for that we would like to show in loans(liability) instead of the capital account as an investment. Is it a right decision?
I have doubt about the loan which we acquired for meeting the day to day expenses in our business activities. So for that we would like to show in loans(liability) instead of the capital account as an investment. Is it a right decision?
12 May 2012
Yes it will be shown under the head Loans(Liability).
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