Journal entries allowed
This query is : Resolved
Kollipara Sundaraiah
(Querist)
07 December 2020
I.t.assess un secured loans and Sundry debtors outstanding balance as per books mentioned below.
Un secured loan(Mr.A) rs: 4 lacs
Cash loan to debtor(Mr.B) balance rs:10 lacs.
Assess unsecured loan balance amount transferred to cash loan to debtor account allowed adjustment entries in I.t. act.
Un secured loan(Mr.A) rs: 4 lacs
Cash loan to debtor(Mr.B) balance rs:10 lacs.
Assess unsecured loan balance amount transferred to cash loan to debtor account allowed adjustment entries in I.t. act.
26 December 2020
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