Entry for the settlement of loans?

Answer Posted / atul goel

Loan a/c dr. to cash a/c

Is This Answer Correct ?    10 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What Question ask in MARKIT Company?

6514


What Are The Characteristics Of Modern Accounting?

4235


You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6

1576


Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.

1852


Whether construction of office cum storage comes under CMA under Agriculture or Non Farm Sector

1213






Short Answer on __________Event

1551


I have scooter , and its insurance expired for the past 1 yrs and i need to renew it ? how to , explain?

1585


What is the accounting treatment for finance lease in lessee's viewpoint?

1843


How do you manage the sales account in tally

1578


send me accounting test ppaers

1741


Expand-------URM

1492


example of SOP

1513


In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping

5525


closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?

1236


explain sales/purchase accounting?

1753