adjustment of loan against general reserve
This query is : Resolved
20 September 2008
Whether loan given can be written off against the general reserve.
21 September 2008
Please be a little more specific. The nature of loan, why written off against gen.reserve etc.,
21 September 2008
Yes.
If the Loan is irrecoverable you can write it off against general reserve.
If the Loan is irrecoverable you can write it off against general reserve.
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