loan a/c is blong to which a/c acc. to golden rule
Answers were Sorted based on User's Feedback
Personal A/c,
Let:_ Loan is to be treated as Liabilelity, As like Cr
purchases.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / gopi
Loan A/c has to be trated a Liability and it should be under
Loans (Liability)
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / nilesh
Loan A/c is belonging to
Nominal A/c as per rules.and
loan A/c is under current
liabilities.
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / manjunath.r
the goldent rule accounts
personal account
nomail account
real account
| Is This Answer Correct ? | 0 Yes | 1 No |
Please tell me that whose are liable to pay the TDS?
$198 owing by Brass Instrument Ltd is to be written off as a bad debt? how to pass the journal entry for this question?
How to pass entry in Tally erp 9
how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)
How do you relate yourself with Accounts?
commision of rs-150 paid but charged to interest account,journal entry
What is Zero-Payment in Accounts Payable
ledger entry for outstanding salaries
10 Answers D Link, ITC Infotech, Northern Trust,
what is the princple of debit & credit?
What is 'Rights Issue' ?
Tell us in accounting, how do you define premises?
what is the rule for applying EL and CL and what is the Advance period for applying EL and CL