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Balance sheet

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(Querist)
01 February 2014 is loan to directors expense or assets
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Dintakurthi Tirumala

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Dintakurthi Tirumala (Expert)
01 February 2014 Giving loan means it shall be receive back after some days or time, means it is comes back then how didn't you recognise it as expenditure, it is asset.

OM SAI SRI SAI JAI JAI SAI
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AVTAR SINGH

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AVTAR SINGH (Expert)
01 February 2014 Loans given to anyone are always assets.
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