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8 of 24 completed
5 of 15 completed
38 of 100 completed
8 of 20 completed
Indian Economy - Understanding the basics of Indian economic system
The claims against the company not acknowledged as debts are shown as
Current liabilities
Loans and advances
Notes to balance sheet
Director's report
The claims against the company not acknowledged as debts are shown as notes to balance sheet. All claims which the company does not acknowledge as debts should be disclosed. Claims against the company by the labour union for additional wages, compensation, etc. come under this category.
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