Interested to Buy Any Domain ? << Click Here >> for more details...
A person pays and EMI of $750 to a bank,the EMI included
$400 of principle amount pass journal entry
- 3 Answers
- 10633 Views
- I also Faced
- E-Mail Answers
Answer Posted / rocky
bank loan dr 400
int on loan dr 350
to bank 750
| Is This Answer Correct ? | 21 Yes | 1 No |
Post New Answer View All Answers
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
how to solved the shares qusionas ?
Expand--------AA
Define Payee
Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.
which are company offering jobs in PORTFOLIO MANAGEMENT ?
What are the major responsibility's of an accountant? what are the qualities he /she requires?
The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
business sepsarate entity concepts
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
what do u mean by comparative budget?
Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund
who is the pramotar?
can payorder be issued for outstation?if yes then how?should it be account payee?
