Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Entry for the settlement of loans?

Answers were Sorted based on User's Feedback



Entry for the settlement of loans?..

Answer / veena v

Dr.Loan a/c
Dr.Interest on loan a/c
Cr.Bank a/c

Is This Answer Correct ?    24 Yes 1 No

Entry for the settlement of loans?..

Answer / eswar

if the Loan a/c is settled by paying cash then the

entry: By Loan A/c
To Cash A/c

Normally Higher Amounts will not be settled by
paying cash, we pay through cheque/Demand drawft.

Entry: By Loan A/c
To Bank A/c

Is This Answer Correct ?    12 Yes 0 No

Entry for the settlement of loans?..

Answer / atul goel

Loan a/c dr. to cash a/c

Is This Answer Correct ?    10 Yes 0 No

Entry for the settlement of loans?..

Answer / prased

LOAN A/C - DR
TO CASH (OR)BANK

Is This Answer Correct ?    10 Yes 0 No

Entry for the settlement of loans?..

Answer / syed razvi

Loan A\c Dr 10,000
To Cash \Bank 10,000

Is This Answer Correct ?    5 Yes 0 No

Entry for the settlement of loans?..

Answer / sumitra.raghavan

loan a/c dr
interest on loan a/c
to bank

Is This Answer Correct ?    2 Yes 0 No

Entry for the settlement of loans?..

Answer / sheetal

interest on loan a/c dr
to loan a/c

Is This Answer Correct ?    0 Yes 6 No

Entry for the settlement of loans?..

Answer / srikanth

J.V

Is This Answer Correct ?    0 Yes 9 No

Post New Answer

More Accounting AllOther Interview Questions

What is EPS?

1 Answers  


What is the Assets & Liabilities?

0 Answers   EDS,


What exactly balance sheet depicts

1 Answers   Telco,


Expand---------ABCDEF

3 Answers  


Long-term lease is which activity? (Operatinf/investing/finance activity) & same like short- team lease also?

3 Answers   UBS,


What is Goodwill? If it is treated as asset in Balancesheet then what is on its opposit side i.e. liability side.

10 Answers   PCE, TCS,


What is meant by Capital Loss

2 Answers  


Expand---------BCDS

3 Answers  


What is Suspense Account?

1 Answers   EDS,


how to do finalisation of accounts

12 Answers  


What is the difference between Risk, Threat & Hazard?

0 Answers  


what is the diferenece between cost accounting & financial accounting, with example?

1 Answers  


Categories