hi friends... what it is the journal entry to be passed when
the loan sanctioned by one bank and same the cheque was
deposited in another bank on same day.?
thanks & regards
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Answer Posted / anil kumar tomer
at the time of section no entery will be done but at the
time of deposit the cheque into bank then entry should be
bank a/c dr
to bank loan a/c
| Is This Answer Correct ? | 3 Yes | 0 No |
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