Roc filing
This query is : Resolved
09 May 2015
Dear members,
Can anybody suggest what is the procedure to be followed after closing a loan in a company in the middle of the financial year.
Thanks Regards
Can anybody suggest what is the procedure to be followed after closing a loan in a company in the middle of the financial year.
Thanks Regards
11 May 2015
If it is an unsecured loan, you do not need to do anything. Just pass an accounting entry in the books of accounts.
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