Dr. and cr. balance on 31st March
This query is : Resolved
25 January 2025
whether interest on cash credit charges on monthly basis
Dr. Balance or Cr. Balance on 31st March, what will be the accounting group on 31st March.
What will be paper require for cash credit on monthly basis.
please reply
Dr. Balance or Cr. Balance on 31st March, what will be the accounting group on 31st March.
What will be paper require for cash credit on monthly basis.
please reply
Nikhil Kaushik
(Expert)
30 January 2025
1. depends on the terms set out the loan agreement.
2. Please do go through basic accounting concept. I really suggest this to any one very basic questions about the nature of income/expenses/asset/liability. If are not clear about such basics, avoid doing anything beyond them.
2. Please do go through basic accounting concept. I really suggest this to any one very basic questions about the nature of income/expenses/asset/liability. If are not clear about such basics, avoid doing anything beyond them.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GSTR-9C filing
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- Gift to nri relatives residing in usa
- Form 144 TDS Return Validation Error – Mandatory Fields
- IMS (import of goods) ITC related
- Advances to related party
- How do you manage client document collection and follow-ups in your CA/CS practice?
- LLP audit and disclosure
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
