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what is journal entries for Vehicle loan
settled with bank after Sale of the
vehicle on profit or loss in case the party
paid check direct to Bank .......???
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Answer / pushkar
Loan A/c Dr
to party A/c
Party A/c Dr
to Vehicle
to profit on sale a/c
cash/ bank a/c dr
To, Party a/c
| Is This Answer Correct ? | 1 Yes | 1 No |
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