What is the difference between Secured Loan & Unsecured Loan?

Answer Posted / naveen agarwal

SECURED LOAN MEAN THE COMPANY HAS TAKEN THE LOAN FROM BANK
&FINANCIAL INSISTITUTION WHEREAS UNSECURED LOAN MEANS WHERE
THE COMPANY HAS RAISED THE FUND FROM INDIVIDUAL IN TERM OF
F.D.

Is This Answer Correct ?    8 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Mention what does the investment of personal assets by the owner will do?

715


A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.

1596


Do you know executive accounting?

631


hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj

1273


what is debit balance report in SAP?. how do you describe DB report in brief.

1547






pls let me know double entry of 'LEASING"

1659


dear i want basic a\C's oriented question. these are asking in mostly all mnc companies

1534


we given watches to Employees how to treat accountability what is the debit and credit, or any provision to be ?

1533


how to pass entry in tally Rs 50000 cheque paid to son by father

1134


in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

4618


As you know excellent communication skills are at the core of this position. Do you have experience with interpersonal communication in a professional setting?

629


What is an over accrual?

631


After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?

1389


how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.

1900


How many invoices on average do you handle on a weekly/monthly basis?

685