Regarding entry
This query is : Resolved
30 May 2014
how we post entry in ledger of od limit.
coz bank issue us loan but we are not used it
till date.
coz bank issue us loan but we are not used it
till date.
30 May 2014
only those entries having financial implications are entered in the books of accounts. No accounting entry is required to be passed for opening/sanctioning the OD limit.
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