Secured & Unsecured Loan in balance sheet
This query is : Resolved
29 May 2023
Dear Sir,
Please suggest we have Cash Credit limit in HDFC and some Unsecured Loan from relatives. In balance sheet Where we can show under (a) (1) from Banks or (b)(1) Loan repayable on demand
Secured
a Term loans
i from banks
ii from other parties
b Loans repayable on demand
i from banks
ii from other parties
and Unsecured loan from relatives show under (a)(!!) from other parties Or (b)(!!) from other parties
Unsecured
a Term loans
i from banks
ii from other parties
b Loans repayable on demand
i from banks
ii from other parties
Please suggest we have Cash Credit limit in HDFC and some Unsecured Loan from relatives. In balance sheet Where we can show under (a) (1) from Banks or (b)(1) Loan repayable on demand
Secured
a Term loans
i from banks
ii from other parties
b Loans repayable on demand
i from banks
ii from other parties
and Unsecured loan from relatives show under (a)(!!) from other parties Or (b)(!!) from other parties
Unsecured
a Term loans
i from banks
ii from other parties
b Loans repayable on demand
i from banks
ii from other parties
30 May 2023
1. b(i)
2. a(ii).
2. a(ii).
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