Entry for the settlement of loans?

Answer Posted / atul goel

Loan a/c dr. to cash a/c

Is This Answer Correct ?    10 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

give me only one transactions in both side (debit&credit) should be in real accounts

1735


Why do you want to work with us

1837


Short Answer on _____________Accident Insurance

1341


i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1443


why cost center is assign to gl account in sap

1001






Breif notes about accounting standards

2602


How is the expenditure of developing a modified product treated?

1448


What will be entry pass in tally if TDS paid by Credit Card.?

1589


What is revaluation of assets.when it occurs

1642


what is Derivative Documentation,Derivative Settlements,Derivative confirmation?

1778


What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)

3868


Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2134


what are responsibilities of an accountant in a company?

1771


Define capital

2617


Expand---------ODMT

2040