short term loans and advances in balance sheet

What is short term loan and advances in balance sheet?

What is short term loan and advances in balance sheet?

Is short term loans and advances a current asset?

Where do you show loans and advances on a balance sheet?

Where do you show loans and advances on a balance sheet?

short term loans and advances are current assets because loans. Advances on asset side are those advances which are paid for now but realize at future date.

short term loans and advances in balance sheet