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Personal balance sheet

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(Querist)
01 July 2014 When we made someone's personal B/S and he has taken home loan and paying regular EMI from his account then what will be the adjustment of EMI payment in B/s.

principal amount deduct from Loan o/s at liability side and interest included in EMI considered as drawing. Right or wrong?????????
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Guest (Expert)
01 July 2014 yes you are right dear.......
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Rupesh Jain

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Rupesh Jain (Expert)
01 July 2014 yes intt as per drawings.
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