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debit Retained earnings
credit loan to company
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What is the journal entry to charge-off a loan?
journal entry to write off a loan
How do you pass journal entry if company take the loan from bank?
debit cash / bankcredit loan from bank
If a company gives a director a loan of 15000 how do I record a general journal entry?
If a company gives a director a loam of 15000 you will record it on the debit section of the general journal entry.
How do you made a journal entry for loan repayment schedule?
There is no journal entry for loan repayment schedule rather journal entry is made when actual payment is done or installment is paid.
What is the journal entry for paid in advance of the expenses for others company?
Expenses of other company is not recorded and it may be shown as loan to that company.
How to pass journal entry if company take t he loan from bank?
debit cash . bankcredit loan from bank
What is the journal entry to record interest on a loan?
Journal Entry:Interest on loan a/c xxxxLoan a/c xxxx
What is the journal entry to record the sale of a company vehicle by an outside party for the exact dollar amount as the loan on the books?
debit loan accountcredit asset account
If a company gives a director a loan of 15000 how do I record a journal entry what accounts is involved?
[Debit] Loan to director 15000 [Credit] Cash / bank 15000
How do you pass journal entry if company take t he loan from bank includes interest?
debit bank accountcredit loan from bankwhen interest incurreddebit interest on loancredit loan from bank
What is the journal entry when you take out a bank loan?
Debit cash / bankCredit loan from bank
What is the journal entry for borrowed loan from ragu?
Loan from ragu A/c dr cash
