How to journalise the following
- Proprietors personal insurance paid through his business bank account
- Rs15000/- paid to Water authority for obtaining water connection
- Car Loan - Price of Car 8,30,000/- Loan - 5,00,000/- Balance amount should paid by cheque Insurance suppose 18000/- Road Tax 5500. suppose Monthly EMI- Rs.13,000/-. Interest on Loan Rs 5625/-
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