Credit Limit enhanced the Bank 10Cr to 15 Cr How to post the
entry in accounting books



Credit Limit enhanced the Bank 10Cr to 15 Cr How to post the entry in accounting books..

Answer / aboobacker

Debit the Bank Current a/c
Credit the Bank Loan a/c

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What will be the entry when deduct ESI @1.75% from the employees salary?Same as in the time of ESI of employer part @4.75% in tally posting? In PF posting in tally what will be the entry ?

0 Answers  


how to calculate ratio of closing stock?

6 Answers  


Define social responsibility accounting

0 Answers  


GOVERMENT COMPANY FOLLOWS WHICH TYPE OF ACCOUTING SYSTEM

2 Answers  


WHAT IS THE VAT/CST RATE FOR PURCHASING COMPUTER/PHERIPHERALS FROM GUJARAT AGAINST C FORM, FOR DIU (UNION TERRITORY) AND WHAT RATE OF VAT/CST I HAVE TO PAY IN DIU FOR SALE.

0 Answers  






What Is Differ tax,

0 Answers  


what means by goodwill?

3 Answers  


what is the journal entries of payable?

5 Answers  


what is entry godds drwings in personol use my point of viwe is drwaings ac dr To goods

2 Answers  


what are the transactional entries have to be passed in Letter of credit

2 Answers   Optimus,


Calculation of Gross Profit Or Gross Loss give example?

2 Answers   EDS,


What is a wash rate in foreign exchange accounting?

1 Answers  


Categories