Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Entry for the settlement of loans?

Answer Posted / eswar

if the Loan a/c is settled by paying cash then the

entry: By Loan A/c
To Cash A/c

Normally Higher Amounts will not be settled by
paying cash, we pay through cheque/Demand drawft.

Entry: By Loan A/c
To Bank A/c

Is This Answer Correct ?    12 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to make a project accounting in tally erp9 ?

6755


credit card entry in tally

1386


We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.

2074


Short Answer on _________Business

2031


Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

2189


differed tax liability

1832


Expand---------PCDB

2054


Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.

1338


please send me some previous sbi clerical interview questions to my email id....

2100


For what purpose ERS is used for?

2217


How goodwill is accounted for the first time in a company .

2014


In order to comply with the matching principle, adjustment entries are made at the preparation of ----------

2530


what is the difference between speculation & investment?

2162


how to do finalisation account ,pls tell me step by step ?

2492


plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com

1970