loan a/c is blong to which a/c acc. to golden rule

Answer Posted / nilesh

Loan A/c is belonging to
Nominal A/c as per rules.and
loan A/c is under current
liabilities.

Is This Answer Correct ?    1 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.

1629


what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.

1408


What is dividend warrants?

709


is there is mentioned that we can adjust excess debtors with creditor in the stock statement while calculating Drawing Power

1194


Sold goods to Gasha 600 by cash

852






can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

1670


saji become insolvant -what is journal entry

1259


what is the right process for input credit of Service tax. and on which service i can take credit.

1389


Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.

1680


How the Entry passed for Loss of Payment

1665


What is meaning of invoice?

691


CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT

1616


Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored

555


hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent

2256


hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately

1479