i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI

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i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make jv entry?

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i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make..

Answer / mohamed ishaq

While taking Loan,

ICICI Bank A/C Dr. 500000
To Loan From ICICI Bank Cr. 500000

Settlement After 6 Months;

Loan From ICICI Bank Dr. 500000
To SBI Bank A./C Cr. 500000

Is This Answer Correct ?

13 Yes

3 No

i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make..

Answer / madhulika2011

1) Cash a/c.....................Dr. 500000
To Laon from ICICI Bank a/c 500000
(being cash received from ICICI bank as loan)

2) Laon from ICICI Bank a/c.....Dr. 500000
To SBI Bank a/c 500000
(being payment of loan from SBI bank a/c)

Is This Answer Correct ?

4 Yes

3 No

i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make..

Answer / latika

LOAN FROM ICICI BANK A/C DR.-- 5,00,000/-
TO SBI BANK A/C CR. 5,00,000/-
(BEING LOAN PAYMENT MADE THROUGH SBI BANK)

Is This Answer Correct ?

1 Yes

0 No

i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make..

Answer / mohammed sirajuddin

ICICI Bank loan a/c Dr 500000
To SBI Bank loan a/c 500000
(Being ICICI bank loan paid through SBI bank)

Is This Answer Correct ?

1 Yes

1 No

i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make..

Answer / scn

1)Personal A/c Dr 500000
To ICICI Bank Loan A/c Cr 500000

2)Personal A/c Dr -500000
To SBI Bank A/c 500000

3)ICICI Bank Loan A/c Dr-500000
To Personal A/c ---500000

Is This Answer Correct ?

0 Yes

0 No

i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make..

Answer / bks

when u dont know then then dont post the answer

Is This Answer Correct ?

0 Yes

0 No

i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make..

Answer / khaleel

Sbi bank acc dr 500000
To Icici bank acc cr 500000

Icici bank acc dr 500000
To sbi bank acc cr 500000