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This query is : Resolved 
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(Querist)
14 August 2013 WHAT ENTRIES WILL BANK PASS IN FOLLOWING TRANSACTIONS

1 LOAN GIVEN TO A PERSON
2 AMOUNT TRANSFER TO ANOTHER SB A/C
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Ganeshbabu K

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Ganeshbabu K (Expert)
14 August 2013 entries in the books of bank

1)Dr.GANESH LOAN A/C
Cr.To CASH/BANK A/C
(being loan given to ganesh)

2)Dr SB A/c
Cr.NEW SB A/C

(being amount transfered to new SB account
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
15 August 2013 Bank never gives loan in cash:
1.Receiver of the loan a/c....dr
To Bank a/c
(Loan given to the receiver)
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