Entry doubt
Rupesh Thote (120 Points)
15 June 2020
Bank has been credited some amount in cc limit bank account what will be the entry. and group
1 Replies
CA Raj Doshi
(Practising CA)
(8924 Points)
Replied 15 June 2020
Receipt entry
Dr Bank overdraft account
Cr Loan from Bank (Under loans liability)
Dr Bank overdraft account
Cr Loan from Bank (Under loans liability)
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