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AS 16 Borrowings costs

Accountancy

In question they taken loan 50 lakh,they said that the loan amount used as follows. How they can use 50 lakh for 120 Lakh expenditure?

IMG20211007211249.jpg

Kumar G

Kumar G

CA Final

12K+

07-Oct-21 21:16

546

Answers (3)

50 is borrowed fund. Balance would be own funds.


CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

07-Oct-21 21:19

Thank you sir


Thread Starter

Kumar G

Kumar G

CA Final

12K+

07-Oct-21 21:23

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