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How can entry made if loan transfer from reliance to tata finance

Question Posted / gits

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How can entry made if loan transfer from reliance to tata finance..

Answer / bhavishya

2

Is This Answer Correct ?    3 Yes 0 No

How can entry made if loan transfer from reliance to tata finance..

Answer / mudunuri

If we think it as Loan take over by tata Finance entry will be
Reliance A/c Dr
To Tata Finance A/c

Is This Answer Correct ?    0 Yes 0 No

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