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Secured loan


04 February 2016 if secured loan taken from bank but it skip in balance sheet...what will happen or shown only 50% amount of the loan..is it valid

04 February 2016 I am unable to understand how balancesheet will tally if you do that,
secured loan sanctioned was required to be entered in books of accounts,
prepare balancesheet again incorporating secured loan details properly

04 February 2016 Actually it is shown only half portion of the loan... e.g. loan amount 100 lac but shown only 50 lac...and t/o is slightly increased shown as compared with previous year




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