A person pays and EMI of $750 to a bank,the EMI included
$400 of principle amount pass journal entry
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Answer / naveen
principle amount A/c Dr $400
Interest A/C Dr $250
To EMI on loan A/C $750
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Dear Sir, an employee going to leave his job and the employer giving him 3months salary of Rs. 45000, and giving 95000/- aginst full & Final Settlement . so tell me how i pass the entry.
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