Credit Limit enhanced the Bank 10Cr to 15 Cr How to post the
entry in accounting books

Answer Posted / aboobacker

Debit the Bank Current a/c
Credit the Bank Loan a/c

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

formula of reduction in tax credit of vat form 201(gujarat)

3737


What is full rate on plywood box in haryana sale tax:

1448


What is the use of form D in sale tax

1604


What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.

2787


In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail

1442






How to prepare finalization accounts?

704


when dissoluction of firm why investment flchuationfund subtrect from book value

1535


if my salary is 12000 per month how much i will get after deducting PF an ESI

1207


What is recording damage inventory in books of account?

609


cheque deposit is a contra entry?

1685


In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer

1453


Explain me what makes a successful account manager?

621


Explain the concept of responsibility accounting

632


Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received

1701


a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do

875