Example 26. Medatwal Ltd. obtained loan of ₹ 8,00,000 from Bank of India and issued 10,000 12% Debentures of 100 each as collateral security. Show it in the Balance Sheet of the company (i) if it is a long term loan and (ii) if it is a short term loan. Solution
Example 26. Medatwal Ltd. obtained loan of ₹ 8,00,000 from Bank of India and issued 10,000 12% Debentures of 100 each as collateral security. Show it in the Balance Sheet of the company (i) if it is a long term loan and (ii) if it is a short term loan. Solution
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Statement of CBSE 2014) Example 26. Medatwal Ltd. obtained loan of ₹ 8,00,000 from Bank of India and issued 10,000 12% Debentures of 100 each as collateral security. Show it in the
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