Unsecured loan written off

This query is : Resolved 

26 January 2015 Is Unsecured laon Written of Capital Receipt or Revenue Receipt?
How it is treated?

26 January 2015 Unsecured Loan is Capital Receipt. It should reduce the Unsecured Loan standing on the Liability side of Bal Sheet



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries