why a company shows loans and advances as deposits
means what is the advantage for company in case auditor is not able to find this discrepancy
tnxx in advance
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Loans and advances shown as deposits
Replies (4)
Loans given or loans taken ?
Taken
Loans advances shown as deposits.
A private company can't take loan from outsider nd can't give loan to outsider .. moreover, deposit can't be accepted by pvt company. public company can accept deposit with a limit
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