Receipts and payments Account

179 views 2 replies
where to enter loan taken amount and loan re payment Amount in Receipts and payments Account kindly suggest
Replies (2)
credit the Party under current liability and debit the amount while receiving the loan

while paying the loan pass opp entries
loan receiving in Receipts. right


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register