Personal loan


This query is : Resolved 

(Querist)
09 October 2018 I got Personal Loan from Bajaj Finserv and i am not using this amount.but, i have deposited in business bank account.
i am using tally erp.9 how to make the journal entry?

09 October 2018 bank account dr.........
to bajaj loan account cr

Amarnath (Querist)
09 October 2018 I got Personal Loan from Bajaj Finserv and i am not using this amount.but, i have deposited in business bank account.
Bajaj Finserv deduct the amount by Monthly EMI.
how to make the journal entry?






09 October 2018 bajaj loan account dr........ EMI amount
to bank account

Amarnath (Querist)
09 October 2018 ok sir tell me this entry in brief

Amarnath (Querist)
09 October 2018 Bajaj Finserv is secured or Unsecured loan


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