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Q. > Please Help: Presentation of Secured Loan
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
2 Answers
answered Jul 05, 2013 by Vikky Kumar Jha , Darbhanga
Secured Loan
answered Sep 07, 2013 by Vaneet Gupta , Delhi
Note to this respect to be provided in Subsidiary and parent company financials both.
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Vaneet Gupta
26-Aug-2013 , 11:03:08 amThis will be shown as Secured Loan