Credit Limit enhanced the Bank 10Cr to 15 Cr How to post the
entry in accounting books
Answer Posted / aboobacker
Debit the Bank Current a/c
Credit the Bank Loan a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Differentiate between consignor and consignee?
What have you read in the newspapers in the last few days that particularly interested you?
What is difference vat
Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.
Explain me the term material facts in accounting?
What is Debit Note and Credit Note? Subsidory Books? Minority Interest? Stock recording in P&L? Outstanding Expenses, Prepaid Expenses and Examples?
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
what is the basic difference between pooling of interest method and purchase method in amalgamation
What are the columns of a journal?
input vat, wht use in wct
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.
all GL Related Interview questions with answear
What is normative accounting?
What is Capital Commitments means?
Describe the proof of cash type of bank reconciliation?