Accounting Treatment of Forfeited lone

0 Vote(s) - 0 Average

Accounting Treatment of Forfeited lone

aaamer123
Offline

Junior Member

Posts: 3
Threads: 3
Joined: Apr 2006
Reputation: 0

04-12-2006, 08:24 PM

Assume a company apply for short term RF from bank.Bank facilitates the company Rs.10,000,000 lone against Pledge of Rs.20,000,000 Share Capital.Later on when company has availed the lone is forfeited by the order of the court at that time what would be the accounting treatment of this situation in the both books.

« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)

Messages In This Thread

Accounting Treatment of Forfeited lone - by aaamer123 - 04-12-2006, 08:24 PM

[No subject] - by Ali Akbar - 04-13-2006, 04:03 AM

[No subject] - by diehard - 04-18-2006, 07:16 PM

[No subject] - by Ali Akbar - 04-18-2006, 09:47 PM

[No subject] - by Ali Akbar - 04-18-2006, 09:49 PM

View a Printable Version
Subscribe to this thread