Interested to Buy Any Domain ? << Click Here >> for more details...
what is entry of loan & Advance given to Client Rs. 4 crore
@ 3% per month for one year,Interest Recievable,Interest
Recd.
- 2 Answers
- 13733 Views
- I also Faced
- E-Mail Answers
Answer Posted / dinesh jangid
1. LOAN & ADVANCES A/C DR. 40000000.00
TO CASH/BANK A/C 40000000.00
2. INTEREST RECEIVABLE A/C DR. 1200000.00
TO INTEREST A/C 1200000.00
3. CASH/BANK A/C DR. 1200000.00
TO INTEREST RECEIVABLE A/C 1200000.00
| Is This Answer Correct ? | 33 Yes | 2 No |
Post New Answer View All Answers
Cost Accounting
what type account are below Debentures Bank overdraft
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
Tell me how can you define departmental accounting?
What is departmental accounting? Give an example
Who owns the general ledger?
what is opening stock formula?
Why we debit expenses and credit incomes ?
what are the disadvantages of back-flush accounting?
rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.
Mention why some asset accounts have a credit balance?
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
"Trial Balance is not a comclusive proof of the accuracy of the books of accounts." Explain this statement and describe the errors which are not disclosed inspite of the agreement of trial balance.
how can we get a leaverage in intraday market if are not a professional acount holder?
