Balance sheet of ltd company
This query is : Resolved
ashok bhurani
(Querist)
15 July 2014
As per requirement of company law, balance sheet must show the term loan in two parts:
1) Term loan portion which is repayable within next twelve months and
2) Term loan payable beyond 12 months
Now my query is
How to calculate the amount of loan repayable within next twelve months if I do not have loan repayment schedule with detailed interest calculation.
Some times loan installment is not fixed (specially in case of loan from nationalized banks), in that case how can I determine the amount which is due in next 12 months
Kindly resolve the query at the earliest.
1) Term loan portion which is repayable within next twelve months and
2) Term loan payable beyond 12 months
Now my query is
How to calculate the amount of loan repayable within next twelve months if I do not have loan repayment schedule with detailed interest calculation.
Some times loan installment is not fixed (specially in case of loan from nationalized banks), in that case how can I determine the amount which is due in next 12 months
Kindly resolve the query at the earliest.
15 July 2014
then just provide this details in notes to accounts that is valid.
ashok bhurani
(Querist)
15 July 2014
can you please reply in details
15 July 2014
below p n l schedules u can give as notes to accounts
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