loan a/c is blong to which a/c acc. to golden rule
- 5 Answers
- 5380 Views
- I also Faced
- E-Mail Answers
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 |
1) XYZ Ltd bought goods for Rs.200000 from ABC Ltd. The co gave 10% discount. give journal entries in the books of ABC Ltd and XYZ Ltd. 2) Goods bought for Rs.400000. While transporting goods destroyed. Insurance co agreed to pay 75%. post journal entries.
stock taken as drawing what should be the accounting entry
golden rules of accounting
Option
if we have received the bill of telephone and electricity for the period 16th march to 15 april ,what will be the entry for the year ended 31st march '10?will there be any provision entry for this
WHY NOT SHOWING CLOSING STOCK IN TRAIL BALANCE
what is the difference between profit and revenue?
Tell me what is the equation for acid-test ratio in accounting?
Which account is responsible for interest payable?
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
what is goodwill?
Audit 
