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what will be journal entry if bussiness is started from loan.

Answers were Sorted based on User's Feedback



what will be journal entry if bussiness is started from loan...

Answer / pushpa jal

Cash a/c dr 
 to loan from bank

Is This Answer Correct ?    8 Yes 1 No

what will be journal entry if bussiness is started from loan...

Answer / jagan

loan from bank a/c dr
  to capital

Is This Answer Correct ?    3 Yes 0 No

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