Dear Group members

please advice me on the following

1) do we need to fair value the retention money, which is payable in after 18 months
2) do we need to fair value the secured loan, where the payment of the prinicpal amount will start from April 09 till april 2014, and the interest is paid regulary @ 14%
3) do we need to fair value the leese deposit given and taken both. the same is for more than one year
4) do we need to fair value the advances paid for the purchase of material.

If we have to do the fair value, then please send me the method or any excel working if possible.

Please reply at the earliest possible.

Thanking you in advance

Suraj

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