Answer / veena v

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

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

Answer / atul goel

Loan a/c dr. to cash a/c

Answer / prased

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

Answer / syed razvi

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

Answer / sumitra.raghavan

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

Answer / sheetal

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

Answer / srikanth

J.V

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