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3. ADC bank has granted a loan to the customer On 01.04.2018 and amortize cost of the loan granted as at 31.03.2019 would be Rs.751,875.
3. ADC bank has granted a loan to the customer On 01.04.2018 and amortize cost of the loan granted as at 31.03.2019 would be Rs.751,875. Effective interest rate 10.25%. Coupon rate of interest is 10% Interest income recognize to the profit and loss account would be Rs. 75.000 Rs. 75 187 1 11 Rs.76 875 IV Rs. 77 067
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Contemporary Auditing Real Issues And Cases
Authors: Michael C. Knapp, Loreen Knapp
5th Edition
032418834X, 978-0324188349
