What is CAPITAL ADVANCE
This query is : Resolved
14 June 2020
Advances paid towards acquisition of tangible assets outstanding at each Balance Sheet date are disclosed as Capital Advances under ‘other Non-current Assets’ in Financial Statements.
https://mca.gov.in/Ministry/pdf/Ind_AS27.pdf
https://mca.gov.in/Ministry/pdf/Ind_AS27.pdf
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