WHERE present in the balance sheet


This query is : Resolved 

Quick Summary
Interest due on long-term loans taken from banks and other sources should be shown in the Profit and Loss (P&L) account. Additionally, it needs to be presented under current liabilities on the balance sheet.

(Querist)
11 June 2022 interest due on Long term loan Taken
From Bank and others
Where to show in balance sheet

12 June 2022 Show it in P&L Account.

12 June 2022 Show it under current liabilities.


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