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Term loan

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(Querist)
27 September 2016 WHEN TERM LOAN PASSED AND AMOUNT IS DEBIT IN TERM LOAN ACCOUNT BY BANK, THAN WHAT ENTRY WILL BE PASSED?
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Unnikrishnan B

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Unnikrishnan B (Expert)
27 September 2016 X(name)Term loan account Dr
To cash or X savings account
(Being the term loan credited to X savings account)

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