Answer Posted / kamlesh

NPA is a Non - Performing Assets means the amount which is
financed to the borrowers are yet to be recovered or
doubtful to recover and companies made arrangement in their
books of accounts for such NPAs.

Some of the accounts are write off from the books of
accounts as they are not yet recovered and no chances of
recovered in future.

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Tell me about how you have left a position better than you found it

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Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company

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npa is either person or account

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If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

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