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Personal loan

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(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?
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Gokul Sharma

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Gokul Sharma (Expert)
09 October 2018 bank account dr.........
to bajaj loan account cr
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Amarnath

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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?



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Gokul Sharma

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Gokul Sharma (Expert)
09 October 2018 bajaj loan account dr........ EMI amount
to bank account
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Amarnath

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

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

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