03-02-2010, 03:51 PM
Noman
It will be presented exactly in the similar manner; you will mention the amount of impaired advances with whatever nomenclature it carries and after that deduct the provision for doubtful advance. Expense will be recognised as part of "Administrative expenses" or "Other operating expenses" (currently there are these two varying prcatices to group this charge).
Regards,
It will be presented exactly in the similar manner; you will mention the amount of impaired advances with whatever nomenclature it carries and after that deduct the provision for doubtful advance. Expense will be recognised as part of "Administrative expenses" or "Other operating expenses" (currently there are these two varying prcatices to group this charge).
Regards,
