Journal entry

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 July 2014 received a payment of a loan of rs.5000 and deposited rs. 3000 out of it into bank..
what will be the entry ? and how

CMA. CS. Sanjay Gupta (Expert)
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19 July 2014 Cash A/c Dr...Rs 5000
To Loan A/c Rs 5000

Bank A/c Dr...RS 3000
To cash A/c Rs 3000

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