Pre Emi Interest
This query is : Resolved
Ashish Jain
(Querist)
13 October 2016
I had paid an EMI of ₹.20,000.00 in advance.Now where will I have to report this transaction in the Balance Sheet?
Kajal Jain
(Expert)
13 October 2016
Adjust the interest towards the secured loan standing in the balance sheet.
Also claim interest for this financial year,remaining carry forward.
Also claim interest for this financial year,remaining carry forward.
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