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debit cash / bank
credit loan from bank
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∙ 2014-11-22 06:53:27
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What is journal entry of bank overdraft?
Debit cash / bankCredit loan from bank / bank overdraft
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 do you record a bank loan in accounting?
Debit cash / bankCredit loan from bank
What is the bank loan on a trial balance?
Bank loan is that amount which is taken from bank for daily working of business and liability of business to be paid in future.
What will be journal entry if a bank gives loan?
bank a/c dr to bank loan a/c
What is the journal entry when you take out a bank loan?
Debit cash / bankCredit loan from bank
What is the journal entry for proceeds of loan from the bank 200000?
debit cash / bank 200000credit bank loan 200000
How do you pass journal entry if company take the loan from bank?
debit cash / bankcredit loan from bank
What will be the journal entry if a bank loan is return?
[Debit] Bank Loan account xxxx [credit] Cash / bank xxxx
What is journal entry of bank overdraft?
Debit cash / bankCredit loan from bank / bank overdraft
What is journal entry when making a payment on a loan?
Bank a/c Dr To Loan Payment a/c
How to pass journal entry if company take t he loan from bank?
debit cash . bankcredit loan from bank
What is the journal entry for a building purchase loan?
[Debit] bank account [Credit] Building loan
Journal Entry for purchase of vechile on loan loan from finance co?
Bank account DR To Loan account
What is the journal entry to charge-off a loan?
journal entry to write off a loan
What is the journal entry to pay the interest on a loan?
Debit interest on loanCredit cash / bank
