Loan re-payment from other firm

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Dear Experts, Please help me on following issue: Loan taken by our ABC firm from NBFC but re-payment of loan done by our other firm XYZ thru. ECS from XYZ firm bank account. (Partners are same in both firms) Please help me: 1. How accounting entries pass 2. No TDS deduction on Interest on Loan by both firms Regards, Jatin You are requested to how handle this situation: 2.
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Debit loan account and credit XYZ account with loan amount 


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