Interested to Buy Any Domain ? << Click Here >> for more details...
My company has taken a car loan from HDFC Bank, Assume 7.5
lacs. but it disbursed after deducted adv emi. how to pass
the jv for that . Plz pass the entry
- 6 Answers
- 52060 Views
- ABC, I also Faced
- E-Mail Answers
Answer Posted / satya prakash
Purchase Car:-
Car A/c Dr ( By Entire cost of Car )
To Party A/c Cr ( Party Name from we purchase Car )
Payment to Party:-
Party A/c Dr
Loan Processing Fee Dr
To HDFC Loan A/c Cr
EMI Paid to Bank:-
HDFC Bank Loan A/c Dr. ( Principal Amt. )
Interest On Loan A/c Dr. ( Indirect Exp. )
Bank or Cash A/c Cr.
| Is This Answer Correct ? | 43 Yes | 3 No |
Post New Answer View All Answers
what is the rate of vat,cst,in mumbai
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
What is the difference between deferred revenue and accrued revenue?
purchase plant and machinery
Tell me what is the equation for acid-test ratio in accounting?
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
In South Africa, the value added tax is administered by?
what is profitability ratio and dividend policy ratio
What is the difference between accumulated depreciation and depreciation expense?
what is one way , two way matching , three way , four way matching ?
What are control ledgers?
What is book profit? How it was calculated
What is a ledger? What do you mean by ledger posting?
if you are a hard working nature conclude your self?
i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive
