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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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Answer Posted / 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
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