Dear Sirs,
can i know how to pass entries regarding interest on vehicle loans and finance
charges at year end.
Thank you.
b.srinivasa rao (job) (36 Points)
02 July 2009Dear Sirs,
can i know how to pass entries regarding interest on vehicle loans and finance
charges at year end.
Thank you.
Gurmet Siingh
(Chartered Accountant)
(413 Points)
Replied 02 July 2009
The entry will be :
For payment of Instalment
Vehicle Loan Dr
Interest on loan Dr.
To Bank A/c
b.srinivasa rao
(job)
(36 Points)
Replied 03 July 2009
| Originally posted by :ramikhalsa | ||
| " | The entry will be : For payment of Instalment Vehicle Loan Dr Interest on loan Dr. To Bank A/c |
" |
Thank you sir,
what about finance charges entries at the time of finalisation of account. plz reply.
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