while preparing B/S under schedule VI unsecured loan and cash credit from bank is shown under short term borrowing, why not in long term borrowing.
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Cash credit is a short term loan less than a 90 daus generaly so its a short term loan
@ manik- thanks for quick reply.
can anyone post the link (ie video/notes) for understanding managerial renumeration.
@ manik bro- thanks for quick reply.
can anyone post the link (ie video/notes) for understanding managerial renumeration.
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