04 February 2016
I am unable to understand how balancesheet will tally if you do that, secured loan sanctioned was required to be entered in books of accounts, prepare balancesheet again incorporating secured loan details properly
04 February 2016
Actually it is shown only half portion of the loan...
e.g. loan amount 100 lac but shown only 50 lac...and t/o is slightly increased shown as compared with previous year