Loan prepaymenr entries in tally
Sahil (NA) (159 Points)
23 July 2016
Hi. Can anyone pls tell me the entry for Prepayment of Loan before its closure in Tally of Individual Balancesheet???
Zoheb
(Accountant Manager)
(158 Points)
Replied 23 July 2016
bank loan A/c Dr
interest on Bank Loan A/c dr
To CASH/BANK A/c
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
