Cash loans adjustment debtor and creditor balance
Kollipara Sundaraiah (B.com) (2963 Points)
07 November 20211.cash loan from creditor rs:1 lacs
2.cash loan to debtor rs:1 lacs
question:
assess cash loan from creditor rs: 1 lacs ledger balance amount transferred to cash loan to debtor account adjustment entry passed in books allowed in it act.