Home loan emi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 February 2015
Dear Sir,
Under current a/c every month EMI withdraw for HOme loan .
Plz explain entry with details.
Thanks
Under current a/c every month EMI withdraw for HOme loan .
Plz explain entry with details.
Thanks
27 February 2015
Home Loan Account Dr. xxxx
Interest on Home Loan A/c Dr. xxxx
To Current Account xxxx
P.S.:
1. Head for Home Loan - Secured Loans
2. Head for Int. on Home Loan - Indirect expenses
3. Current account is assumed to be Bank's current account and not partners current account.
Interest on Home Loan A/c Dr. xxxx
To Current Account xxxx
P.S.:
1. Head for Home Loan - Secured Loans
2. Head for Int. on Home Loan - Indirect expenses
3. Current account is assumed to be Bank's current account and not partners current account.
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