How can entry made if loan transfer from reliance to tata finance

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How can entry made if loan transfer from reliance to tata finance..

Answer / bhavishya

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How can entry made if loan transfer from reliance to tata finance..

If we think it as Loan take over by tata Finance entry will be
Reliance A/c Dr
To Tata Finance A/c

Is This Answer Correct ?

0 Yes

0 No

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