loan a/c is blong to which a/c acc. to golden rule
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Personal A/c,
Let:_ Loan is to be treated as Liabilelity, As like Cr
purchases.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / gopi
Loan A/c has to be trated a Liability and it should be under
Loans (Liability)
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / 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 |
Answer / manjunath.r
the goldent rule accounts
personal account
nomail account
real account
| Is This Answer Correct ? | 0 Yes | 1 No |
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0 Answers IBM, Kumaran Systems,
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over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
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