Interest and principal of Term Loans to be shown under residual maturity bucket. True?

Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/10/03

Upvote (1) Views (3) Followers (2) Answers (2) Report Question

Write an Answer
Register now or log in to answer.

by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

I would say true.

Upvote (2)

Downvote Reply () Report

by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Term Loans: Principal & Interest: >>> Interim cash flows may be shown under respective maturity buckets.

Statement is True.

Upvote (1)

Downvote Reply () Report

What is the journal entry for closing a bank loan early?
Top Answer: Thankyou sajeesh...the decision on balance prepaid interest upon us..right?? See More

Answers (2)
How will loans and benefits appear in the annual reports?
Top Answer: It will appear as account payable but per year. i.e 200k will be payable in addition to its interest 20k ... See More

Answers (1)
"Bridge Loan" is also known as?
Top Answer: A. Swing Loan See More

Answers (10)
Identify which of the following is not a unsecured loan in Balance sheet of a Company?
Top Answer: Creation of Sinking fund is not a loan See More

Answers (14)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.

Get Help