If I want loan upto Rs.500000/- from bank. so how much
capital show in my balancesheet. please help me.



If I want loan upto Rs.500000/- from bank. so how much capital show in my balancesheet. please hel..

Answer / rajeev kumar

Your J.E. is
Capital A/c Dr 500000/
To Bank A/c 500000/-
(Being fund reced. from Bank)
And in B/s
capital a/c increase with 500000/-

Is This Answer Correct ?    1 Yes 3 No

Post New Answer

More Taxation Interview Questions

what is excise duty and how can we mantain its account in outgoing and incoming of bill status.

0 Answers  


in any sales promotion material can we issue any C form to party

1 Answers  


Pls advise if a client pays us - Rs. 3,43,00 after deducting 2% TDS 7000 on 3,50,000/- and our Invoice is Rs. 3,30,000/- then how we pas entry of the difference amount Rs. 20,000/-

1 Answers  


What is excise & service tax? What is the difference?

0 Answers  


709,001 690,388 940,645 46,435 16,651 8,316 755,436 707,039 948,961 3.17% 2.98% 2.53% 3.66% 1.31% 0.66% solve it

1 Answers  






if interstate sale of goods without & with C form, then what should be sale tax rate on goods, if rate is 8%

1 Answers  


Define FBT with example & how it can be calculate ?

0 Answers  


What is a service tax?.How to pay the service tax return?

1 Answers  


what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?

0 Answers  


What is Sec 10A under Income Tax.

1 Answers  


the amount of tds is remain same shall will be deducted by deductor or deductee

1 Answers  


Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.

0 Answers  


Categories