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



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

Answer / aboobacker

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

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What is BRS Adjustment entry?

0 Answers   Accenture,


when company pass ordinary resolution

3 Answers   Capita, Capital IQ,


where does petty cash to cash entry go in tally

1 Answers   ABC,


what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance

0 Answers  


Explain Sundry Debtors and Sundry Creditors.

17 Answers   SVE Drilling Tools,






what is contingent liability

5 Answers   Capital IQ,


What is an 'Accrued Expenses

2 Answers   Cap Gemini,


Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 4) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

2 Answers  


how to strong my account for long time?

3 Answers  


what is the procedure to appoint an Austrlian citzen as indian company director...

0 Answers  


Can we transfer balance on gl a/c to another Gl a/c if what is the process steps and tr code?

1 Answers   SK Engineering, TCS,


WHAT IS THE ENTRY IN 31 MARCH OR 1ST APRIL FOR PROVISSION FOR SALARY

1 Answers  


Categories