Answer Posted / dharmesh sati

Entry No. 1

Bank Account Debit & Loan Account Credit with full amount
of Loan.

Entry No. 2

Loan Account Debit (Principal part from EMI)
Interest Account Debit (Interest Part from EMI)
Bank Account Credit

Explain what is double-entry accounting? Explain with an example?

1073

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what is the amount withdrawlfrom other cbs branch by multicity chequ book.

1830

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What are its characteristic features of financial accounting?

1205

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export sales contract and domestic sales contract? india's trade in commercial services?

4618

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what is lease accounting?? please explain me....

2242

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Do you know what is icai?

1120

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Explain what is liabilities and what all does include in current liabilities?

1107

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In Service tax Return ST-3 What is meaning of first Row (i) Service tax payable (a) Gross amount received in money (I) Against service provided Pls explain in detail

1861

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Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

3847

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what is the performa of bank reconcilation ? i want to need it and also i want to know about tds entry for various sources such as rent,contractor, commission, etc. and how we make the tds return, please tell me its very urgent?

2237

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what is cost center & cost categories in tally

2341

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What are the uses of journal in accounting?

1061

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Is it legal for an organization to keep two sets of accounting records; one for tax and one for book? Why or why not?

2668

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Describe the proof of cash type of bank reconciliation?

1900

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Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

2617

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