Entries by bank
This query is : Resolved
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
1 LOAN GIVEN TO A PERSON
2 AMOUNT TRANSFER TO ANOTHER SB A/C
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
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
Message likes :
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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)
1.Receiver of the loan a/c....dr
To Bank a/c
(Loan given to the receiver)
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