Interested to Buy Any Domain ? << Click Here >> for more details...
I m working in NGO. we have taken loan from a person or other
project in march and returned in may. So what are the
entries in tally should be. what are the ledgers to be
created and under which group? what are the journal entries?
- 1 Answers
- 4252 Views
- I also Faced
- E-Mail Answers
Answer / gulzar singh ( gulzar.thpl@gma
1) When loan Received.
Cash/Bank a/c Dr.
Mr. Loan and company.(assumed name) Cr.
( Ledger Under loan liabilitY)
Being loan amount received.
2) When return.
Mr. loan and Company Dr.
Cash/ Bank a/c Cr.
(Being loan amount returned)
| Is This Answer Correct ? | 4 Yes | 0 No |
what is CA?
What is contra entry?
hove many % vat in calcym hydroxyd?
Rent is direct income or indirect income
could i know how to accounting lease intrest ?
how to pass an entry for expenditure by deducting tds for customer
what do you mean by profit and loss appropriation account ? what is the use of preparing it?
What is difference between budget & budgeting
Why do you want to be an accountant?
what is single entry system
i want to know f form and how to use and how can purchase
what is the responsiblities for accounts manager?
Audit 
