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How to account

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 October 2014 we are company have taken loan from co-operative society against this loan here have one gurantor, when the gurantor take loan from the same co-op society some due amount payble by this company deducted from guranto r loan amount now we want to know ho we can pay this amount to gurantor and how it will be account because the co-operative sciety deducted this amount as cash from the gurantor
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
21 October 2014 Make payment to the guarantor and adjust this amount against loan taken from co-op society.

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