You give a loan for your friend a 1000 rs he returns 600 rs
and u have to close ur accounts what should u do to close
the accounts? and given the journal entry for 400 rs?and
where will the 400 rs come in new account and entry for that
- 11 Answers
- 18298 Views
- Bank of Baroda, OPI Global, I also Faced
- E-Mail Answers
Answer Posted / amaranath
when you give loan for 1000 rs the entry will be
loan a\c dr 1000
to cash a\c 1000
when he returns 600 rs the entry will be
cash a\c dr 600
to loan a\c 600
remaing balance shown
bad debts a\c dr 400
to cash a\c 400
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
EXPAND_________SEAMEC
what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c
is indian bank or canara bank CBS brach?
Why you want to leave your present job while they offer you with good offer?
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
How the sub ledgers(AP, AR) integrate with GL liability and receivable
what is automatic payment in sap fico
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?
state and explain THREE types of situation to which accounting concept might be applicable
cany anyone explaing what are the functions of an Account Officer/Manager?
Why do you want to work for us?
difference between vat 47 & vat 49
please tell me questions asked in NICMAR for the post of accounts executive
What is Analysing
