KShs 3,500.00
A loan to an employee is money advanced by the company to assist the employee. If the employee is expected to repay the loan within one year of the balance sheet date, the loan balance is a current asset of the company. Any amount not expected to be collected within one year is a noncurrent or long term asset.
Don’t miss our future updates! Get Subscribed Today!
I & M Bank House 5th Floor, 2nd Ngong Avenue, Upper Hill P. O. Box 22588 – 00505 Upper Hill, Nairobi, Kenya.
©2024. Netsheria International. All Rights Reserved.