processing cost
This query is : Resolved
30 June 2009
how to treat bank loan processing charges...when a loan is taken for purchasing a capital asset...
and specifically when an asset ia not purchased till year end but bank has already charged us full amount of charges.
and specifically when an asset ia not purchased till year end but bank has already charged us full amount of charges.
18 July 2009
It is a revenue nature of account and be debited to profit and loss account
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