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Bank Loan rec'd in Jan. and repayable in 11 months, BSheet date is 31st Dec, should be treated as: (a) Current Liab, (b) Long Term Liab, (c) Equity

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Question added by Saleem Khatri , Head of Finance , Berger Paints International
Date Posted: 2014/10/30
SYED MOHAMMAD WALI SINGHGHANYA
by SYED MOHAMMAD WALI SINGHGHANYA , General Accountant , Ewan Operation and Maintenance Co.

LONG TERM LIABILITIES

Ramaswamy Uppuleti
by Ramaswamy Uppuleti , Junior Accountant , PUSHPANJALI COUNTRY RESORT

Current Liability