What is difference between Loan & Advance & Loan & Liabilities. Explain with example?
GANESH KUMAR KASHYAP (Private Job) (206 Points)
30 September 2015What is difference between Loan & Advance & Loan & Liabilities. Explain with example?
JAGANATHAN R ACMA, SAP(Fi-Co)
(Manager Accounts and Finance)
(915 Points)
Replied 30 September 2015
loan and advance paid - assets
loan and advance received from bank and others - Liability
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
