Accounting treatment for loan write-off

0 Vote(s) - 0 Average

Accounting treatment for loan write-off

azmatas
Offline

Junior Member

Posts: 3
Threads: 1
Joined: Mar 2011
Reputation: 0

03-02-2011, 09:17 PM

Hello All,

Would appreciate some help on how to show a loan (payable) write-off on the books of loan recipient organization. The loan is of relatively significant amount and currently appears as a longterm liability on the balance sheet. Ant tax implications for the write-off?

many thanks!

« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)

Messages In This Thread

Accounting treatment for loan write-off - by azmatas - 03-02-2011, 09:17 PM

[No subject] - by azmatas - 03-04-2011, 04:04 PM

[No subject] - by xwebjack - 03-09-2011, 03:53 PM

[No subject] - by xwebjack - 03-09-2011, 03:58 PM

[No subject] - by azmatas - 03-10-2011, 12:24 AM

View a Printable Version
Subscribe to this thread