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Hero Ltd. has raised following long-term loans on 1st April, 2022

347 viewsMarch 24, 2024[ISC] Final Accounts of Companies

Anurag Pathak28.60K March 24, 2024 0 Comments

Hero Ltd. has raised following long-term loans on 1st April, 2022:

	₹
10,000; 10% Debentures of ₹ 100 each redeemable in four equal yearly instalment beginning 1st July, 2023	10,00,000
11% Bank Loan from SBI repayable after 5 years	20,00,000

Interest on Debentures and Bank Loan ha not yet been paid. How will the above items be shown in the Balance Sheet of the company as at 31st March, 2023?

Anurag Pathak Changed status to publish March 24, 2024

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Anurag Pathak28.60K Posted March 24, 2024 0 Comments

Solution:-

Anurag Pathak Changed status to publish March 24, 2024

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Hero Ltd. has raised following long-term loans on 1st April, 2022

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Anurag Pathak

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