Where shall loans/advances given to Joint ventures be disclosed in the stand -alone Balance Sheet
1) Loan to Jointly controlled entity @ 10% -- As per AS 27 shall it be disclosed under "Current Assets, Loans & Advances" or is it under "Investments" head.
2) Advances to JV Jointly controlled entity --- is it disclosed under under "Current Assets, Loans & Advances" or is it under "Investments" head.
Plz elaborate as per AS 27
How are the above disclosed in sttand-alone balance sheet of the parent company?
CAclubindia
