How will I post entries to Tally If I purchased a Car in
Loan.
The principal Amount = 62930
Interest = 6846
Total = 69776
We have to pay Rs 1191 every month for 4 years
which include Principle amount and interest. how can I post
the monthly entries to tally
- 3 Answers
- 25320 Views
- Steel Craft, I also Faced
- E-Mail Answers
Answer Posted / majeedf13
1) journal entry for Car Purchased
Fixed Asset A/c Dr.62930
Interest A/c Dr 6846
To Bank Loan A/c 69776
Every Month Jounal Entry
bank Loan A/c 1191
to Bank A/c 1191
| Is This Answer Correct ? | 7 Yes | 6 No |
Post New Answer View All Answers
Do you know the term account payable?
what is share application money pending allotment?
Define executive accounting?
Define push down accounting?
What is the journal entry of building rent and TDs payment?
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
In South Africa , the current rate for value added tax is ?
on what rate depreciation will be calculated?
What are the differences between accounting and auditing?
Define dual aspect term in accounting?
What is book profit? How it was calculated
what is the meaning of banking
what is penaultimate sale
What is difference between Cash Flow and fund flow
what is dmat charges?
