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What is the journal entry to record loan received?

Anonymous

∙ 13y ago

Updated: 9/18/2023

debit cash /bank
credit loan payable

Wiki User

∙ 10y ago

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What is the journal entry for loan received from Krishna?

debit cash / bankcredit loan from krishna

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 journal entries do you make for your construction loan?

My account balance in Construction LOC is $154833.00; what is the journal entry to record the $154833 in Construction in Progress Account? roger_randolph@yahoo.com

What is the accounting journal entry to record loan fees amortized?

Debit: Deferred loan origination fees Credit: Interest income

What is the journal entry for borrowed loan from ragu?

Loan from ragu A/c dr cash

Related Questions

What is the journal entry to record interest on a loan?

Journal Entry:Interest on loan a/c xxxxLoan a/c xxxx

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.

What is the journal entry to charge-off a loan?

journal entry to write off a loan

What is the journal entry for loan received from Krishna?

debit cash / bankcredit loan from krishna

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.

How do you pass journal entry for loan received to introduce capital?

Debit cash / bankCredit share capital

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

What journal entries do you make for your construction loan?

My account balance in Construction LOC is $154833.00; what is the journal entry to record the $154833 in Construction in Progress Account? roger_randolph@yahoo.com

What is the accounting journal entry to record loan fees amortized?

Debit: Deferred loan origination fees Credit: Interest income

What is the journal entry for borrowed loan from ragu?

Loan from ragu A/c dr cash

What is the journal entry when you take out a bank loan?

Debit cash / bankCredit loan from bank

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