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doctor interest

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student
73 Points Posted on 04 August 2019
one of my client loan taken on their interest(certificate) Rs.2800000 can we consider that amount as a asset
yes then what is proper word to take as assest
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On 04 August 2019 at 13:54 Report
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Consultant & Teacher(Whatsapp 8718057907
1306 Points Posted on 04 August 2019
query not clear.
5 Reply
On 04 August 2019 at 15:36
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student
73 Points Posted on 04 August 2019
one of my client doctor taken loan on their medical certificate for surity
my query is
can i take that amount as asset for balance sheet
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On 04 August 2019 at 16:12
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Consultant & Teacher(Whatsapp 8718057907
1306 Points Posted on 04 August 2019
It is liability therefore appear in balance sheet liability side and amount received against it is credited to your bank account which will appear in Asset Side.
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On 04 August 2019 at 17:42
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7059 Points Posted on 10 August 2019
good clarification and information
33 Reply
On 10 August 2019 at 21:23


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