Payment of loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 August 2012
I have a query regarding repayment of loan please suggest me what will be the treatment as per revise schedule:-
In a private Co. loan had given by its MD but there were no any treatment in accounts for repayment of loan and interest in this situation what is to be done as per revised schedule
In a private Co. loan had given by its MD but there were no any treatment in accounts for repayment of loan and interest in this situation what is to be done as per revised schedule
15 August 2012
From the perspective of AUDITOR, please ask the concerned MD to explain. If it is repayable in 2012-13, show as current else will be shown as non current.
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