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What will be the journal entry for if bank grand loan to us?

debit cash / bankcredit loan from bank


How do you obtain credit being a US citizen living overseas?

Deposit money secured by a bank in the country you are in that is recognized by the US bank you want to borrow from. Easier is to just apply for a loan directly from the US bank and meet the ordinary loan requirements (proof of income, security for the loan, etc).


What is easier to pay car loan or bank loan?

bank loan


Where can I get a finance loan in Davenport, Ia?

You can get a finance loan in Davenport, Iowa from any bank or credit union, such as Bank of America, Wells Fargo, Chase Manhattan, Wachovia, or US Bank and Trust.


Would a bank loan or lend money?

A bank might lend you money if you apply for a loan. This comes down to grammar calisthenics. In US English the words are interchangeable. "Loan" is most commonly used in the US vernacular. However if you wish a strict reading of the words: Loan is a noun. Lend is a verb.


How much can you borrow for study loan?

That is a question which you should ask your bank, not us.


Where can you find a loan Calculator?

The best place to to find a loan calculator is a bank website advertising loans or free loan calculators. Any major bank chain such as Chase or US Bank will provide that service for free. Just go to the banks website and look for the link on personal loan calculator.


Where can one get a home equity loan in California?

Wells fargo is a bank were you can get a home equity loan. Bank america as well. US Bank, HSBC, are other banks that offer a home equity loan. Bankrate's website can offer tips and advice on rates and calculators.


What is loan boarding?

when a loan is been transfered fron bank to another. . .the bank which the loan is transfered to board the loan. .


What is the difference between a bank loan and a bank credit?

What is the difference between bank loan and bank credit?


How could one pay a home mortgage online?

You can pay a Home Mortgage online. If your loan is with Wells Fargo, Chase Bank, Bank of America or US Bank you can go to their website and pay your Mortgage loan there. However if your Loan is with a Mortgage Company such as Plaza Home Mortgage you will have to go through your own Bank's Bill pay system to pay your loan online.


Is bank loan an asset?

A bank loan is an asset for the bank as bank receives interest and principle payments from borrower.