Trf entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 January 2015
DEAR SIR,
PLEASE CONFIRM CAN WE DO ENTRY LIKE THIS, ONE FIRM HAS CAR & UNSECURED LOAN BOTH THE A/C CAN BE TRANSFERRED TO OTHER FIRM WITHOUT A/C PAYEE CHQ.
FIRM A
CAR 120000 TRF TO UNSECURED LOAN OF 200000, BAL LOAN 80000 PAID BY CHQ
FIRM B
CAR 120000 TRF FROM UNSECURED LOAN OF 120000
PLEASE CONFIRM CAN WE DO ENTRY LIKE THIS, ONE FIRM HAS CAR & UNSECURED LOAN BOTH THE A/C CAN BE TRANSFERRED TO OTHER FIRM WITHOUT A/C PAYEE CHQ.
FIRM A
CAR 120000 TRF TO UNSECURED LOAN OF 200000, BAL LOAN 80000 PAID BY CHQ
FIRM B
CAR 120000 TRF FROM UNSECURED LOAN OF 120000
Rupesh Jain
(Expert)
27 January 2015
it is safe to repay the loan cheque separately.
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