Please Help: Presentation of Secured Loan
Posted Date : 03-Jul-2013 , 05:00:13 pm | Posted By Mukund M Honkan
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
Category : Accounts | Answers : 2 | Comments : 1 | Hits : 213
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
Vaneet Gupta
26-Aug-2013 , 11:03:08 amThis will be shown as Secured Loan