ASIF EQBAL • 16 July 2019
Loan Amount ₹594000
ROI 19.25%
LOAN PERIOD 4 YRS
NO OF PAYMENTS PER YEAR - 12
DATE OF LOAN - 18/03/2019
can Anyone explain the adjustment of interest on loan for the F. Y 2018-2019??
At what amount loan is recorded in B/s
am asking from the view point of individual... and
the monthly installment is 17840...
my question is.... whether intt on loan is recorded in P&L or not if recorded what is the amount??
Adjustment of Interest on loan
Replies (1)
Interest on Loan will recorded in Current Financial Year. You've to pass 1 outstanding payable entry in your Balance Sheet.
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