loans and advances
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 January 2011
why loans and advances from directors and manager is shown seprately in balance sheet.an why a mention of loans is required seperatly if it is granteed by directors or managers
Aditya Maheshwari
(Expert)
08 January 2011
Because the shareholders should know what loan transactions took place between the directors & the company at the year end.
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