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Q: What documents required for santion of loans and advances?
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Are loans and advances current assets?

Loans and advances are a sub heading of current assets.


Where can you get pay day loans without no faxing of documents required?

The top site to get pay day loans without faxing of documents would be slideshare dot net, or even 30-day-loans dot biz. These two sites are reputable and easy to manage.


What documents are required to attain a loan from Aussie home loans?

It greatly depends on what kind of borrower you are. The required documents are different based on employment and what you are using the funds for. To receive the most accurate answer, contact an Aussie agent.


Why do you calculate loans and advances on the asset side of the balance sheet?

Loans here means the loans given to other companies/subsidiaries. The company will receive an interest on these loans and hence is an asset. Advances means any payments to staff as an advance.


Do we consider loans and advances for calculation of current ratio?

yes


Does loans and advances are the part of current assets in balance sheet of accounting?

Loans and advances are those amounts which company provided to its employees or other related stakeholders so it is part of current assets.


What is the deffination of interest rate?

INTEREST RATE IS THE RATE AT WHICH LOANS AND ADVANCES ARE GIVEN BY THE COMMERCIAL BANKS TO GENERAL PUBLIC. INTEREST RATE IS THE RATE AT WHICH LOANS AND ADVANCES ARE GIVEN BY THE COMMERCIAL BANKS TO GENERAL PUBLIC.


What is the rate of interest?

INTEREST RATE IS THE RATE AT WHICH LOANS AND ADVANCES ARE GIVEN BY THE COMMERCIAL BANKS TO GENERAL PUBLIC. INTEREST RATE IS THE RATE AT WHICH LOANS AND ADVANCES ARE GIVEN BY THE COMMERCIAL BANKS TO GENERAL PUBLIC.


What is CISLA in Bank?

CISLA stands for "Customer Information System for Loans and Advances".It is used by banks to capture the details of data related to advances for a customer viz. Investment in Plant & Machinery, Term Loan Limit, Working Capital limit, Lead Bank Code, Non Fund Fincance Limit, Cancellability of Limits.MISLA is another tool and it stands for "Management Information System for Loans and Advances".


Where and how do you apply for payday loans?

Payday loans can be found at retail stores that specialize in payday loans in most cities. For example, AMSCOT is a financial service company that does payday advances.


When are you required to pay back a FAFSA loan?

Yes, you are required to pay back federal loans that your accept after filling out the FAFSA. This includes subsidized loans, unsubsidized loans, and PLUS loans.


What do you mean by advances in banking?

Advances are type of loans given to people, but with no interest on them. The difference between loan & advance is that Loan carry interest while advance do not.