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...

what is entry of loan & Advance given to Client Rs. 4 crore
@ 3% per month for one year,Interest Recievable,Interest
Recd.

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


Please Help Members By Posting Answers For Below Questions

what is the nature of profit and loss approprition account.which entity prepare this.

1896


What do we mean by Redemption of shares and debentures?

2307


paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

1715


Tell me what a deferred asset is and give an example?

1108


Explain accounting 101?

1112


salary payable deduct tds entry

1574


hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much

1908


If we started new project of Housing with Construction linked payment plan . How can booked our revenue or Sales .

2187


rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

2107


I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1758


what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??

1660


Recent trends in Corporate Governence?

2245


in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

2022


What is the difference between costing and cost accounting?

1027


What are the disadvantages of double entry system?

1044