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loans and advances

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2011 why loans and advances from directors and manager is shown seprately in balance sheet.an why a mention of loans is required seperatly if it is granteed by directors or managers
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
08 January 2011 Because the shareholders should know what loan transactions took place between the directors & the company at the year end.

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