Please Help: Presentation of Secured Loan
Posted Date : 03-Jul-2013 , 05:00:13 pm | Posted By: Mukund M Honkan
Category :
Accounts | Answers :
2|
Comments :
1| Hits: 258
|
|
If co has taken loan from bank against security given by its parent company, whether loan should be shown as secured loan or unsecured loan |
 |
|
|
Answers:
|
 Answer by: Vikky Kumar Jha |
| Secured Loan
|
| Answer by: Vaneet Gupta |
| Note to this respect to be provided in Subsidiary and parent company financials both.
|
|
|
| Comments |
| Posted By : Vaneet Gupta |
26-Aug-2013, 11:03:08 |
| This will be shown as Secured Loan |
| |
|
|
|
|
