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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doctor interest
Replies (4)
query not clear.
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
my query is
can i take that amount as asset for balance sheet
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.
good clarification and information
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