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Question:  Loans & Advance

Answer: Why do we calculate loans & advance on the asset side of the balance sheet?


January 01, 2008 06:41:36 #1
 arvinda1   Member Since: January 2008    Total Comments: 1 
RE: Loans & Advance
 

Payments to staff as advance and loan to sister concern or other company on interest is chargeble (TERM LOAN ETC)
     

 

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