Term loan
This query is : Resolved
27 September 2016
WHEN TERM LOAN PASSED AND AMOUNT IS DEBIT IN TERM LOAN ACCOUNT BY BANK, THAN WHAT ENTRY WILL BE PASSED?
27 September 2016
X(name)Term loan account Dr
To cash or X savings account
(Being the term loan credited to X savings account)
To cash or X savings account
(Being the term loan credited to X savings account)
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