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i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make jv entry?
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Answer / mohamed ishaq
While taking Loan,
ICICI Bank A/C Dr. 500000
To Loan From ICICI Bank Cr. 500000
Settlement After 6 Months;
Loan From ICICI Bank Dr. 500000
To SBI Bank A./C Cr. 500000
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / madhulika2011
1) Cash a/c.....................Dr. 500000
To Laon from ICICI Bank a/c 500000
(being cash received from ICICI bank as loan)
2) Laon from ICICI Bank a/c.....Dr. 500000
To SBI Bank a/c 500000
(being payment of loan from SBI bank a/c)
| Is This Answer Correct ? | 4 Yes | 3 No |
Answer / latika
LOAN FROM ICICI BANK A/C DR.-- 5,00,000/-
TO SBI BANK A/C CR. 5,00,000/-
(BEING LOAN PAYMENT MADE THROUGH SBI BANK)
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / mohammed sirajuddin
ICICI Bank loan a/c Dr 500000
To SBI Bank loan a/c 500000
(Being ICICI bank loan paid through SBI bank)
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / scn
1)Personal A/c Dr 500000
To ICICI Bank Loan A/c Cr 500000
2)Personal A/c Dr -500000
To SBI Bank A/c 500000
3)ICICI Bank Loan A/c Dr-500000
To Personal A/c ---500000
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / khaleel
Sbi bank acc dr 500000
To Icici bank acc cr 500000
Icici bank acc dr 500000
To sbi bank acc cr 500000
| Is This Answer Correct ? | 1 Yes | 2 No |
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