Easy Office
Easy Office

Current and non current asset

This query is : Resolved 
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(Querist)
23 June 2014 How does one treat long term loan and short term loan to directors.I
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Sandeep Dharar

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Sandeep Dharar (Expert)
23 June 2014 It will b treated as Current Assets. Coz the company will earn interest from that advance.
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Rupesh Jain

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Rupesh Jain (Expert)
24 June 2014 you can show as loan & advance under the current assets.
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