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?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.

1911


Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .

2123


what can increase gearing?

2455


when apply for ragistred in central excise no

1929


what are the suggestions to control NPA in rural areas?

4085


If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.

2319


company accounts introduction?

2732


in which group under we will open donation and hamali weekly payment account or ledger

2070


we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?

2104


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1934


How Are The Balance Sheet And Income Statement Connected?

1245


plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com

2060


what is automatic payment in sap fico

2132


What problems might be encountered if there were no accounting standards?

3071


payroll calculation procedure explain completely?

2624