i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make jv entry?

Answer Posted / latika

LOAN FROM ICICI BANK A/C DR.-- 5,00,000/-
TO SBI BANK A/C CR. 5,00,000/-
(BEING LOAN PAYMENT MADE THROUGH SBI BANK)

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

EXPLAIN EACH SECTION PROVISIONS ON TDS?

1407


Ledger Enteries

1849


Explain what is account receivable?

623


Explain have you ever heard about tds, what it is?

640


What was your most complicated sales cycle in past positions?

807






Tell me what is “deposit in transit”?

592


Which steps in Procurement to Pay process does FI documents get created.

1638


what's the mean by Imprest system? Please give me Replay on this no. 9885789716

1475


The main financial accounting statements?

645


Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????

972


bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc

2585


If company invest Rs. 3,00,000 in Chit & Fund and later received with Profit Rs. 3,50,0000 = (Rs. 3,00,000 + 50,000 profit amount). Pls advise how to pass the profit amount...and in which head the profit amount goes

2164


Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

3157


under which ledger should i make opening work in progess and closing work in progress

1602


Accounting for vc money in financials

642