Notes to account

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 August 2013 i have made a fdr for bank guarantee purpose.
how should i report this in my compnay balance sheet and notes to accounts

CMA Ramesh Krishnan (Expert)
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03 August 2013 Bank guarantee is need to show as contingent liability and FD can be mentioned as given against the BG

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