Interested to Buy Any Domain ? << Click Here >> for more details...
you purchase a machinary on a loan what is the joury entry
for that and where will you show the the loan amount in
balance sheet and show the ledger account?
- 2 Answers
- 8600 Views
- OPI Global, I also Faced
- E-Mail Answers
Answer Posted / lokesh khintolia
First Part Answer........
Machinery A/c Dr. 10000.00
To Loan A/c 10000.00
Second Part Answer...........
If Loan Received from Bank than its show in secured Loan
Account under the liability Head.
If Loan Received from any friend or Family member than its
show in Unsecured Loan under the Liability Head......
Correct me if m Wrong......
| Is This Answer Correct ? | 19 Yes | 1 No |
Post New Answer View All Answers
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
EXPAND_________SEC
All shot cut key use in the tally software & it's uses
why you want to join the banking and finance industry?
what is contigent liabilities? whats it status in balance sheet?
what is debit/credit note ? what deffered income and expencess?
who introduces the single entry format?
If income and expense both are equal then what it depicts
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
differnce between the 4.7 & 6.0 versions?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview
1. Fdr mature with interest
How can I explain p2p process in SAP?
