A person pays and EMI of $750 to a bank,the EMI included
$400 of principle amount pass journal entry
Answer Posted / naveen
principle amount A/c Dr $400
Interest A/C Dr $250
To EMI on loan A/C $750
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%
---------is the main or principle book of accounts
What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.
What is Hot Issue Income for Hedge Funds?
why you choose accounting as your career ? ?
credit card entry in tally
What are the objectives of accounting
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
Who to create a budget on software company
Which Invoice issued on Central Sale Commercial or Retail?
Distinguish value andPrice
WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.
my qustion is what is H foam and where use
which are company offering jobs in PORTFOLIO MANAGEMENT ?
what is a depository?