banner_ad

Urgent- accounting entry for loan against fdr

This query is : Resolved 
Profile Image

Guest

Profile Image

Guest (Querist)
14 September 2016 Dear Friends
What would be the entry of loan taken against FDR and closure of that loan account after one year?

Thank You
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
14 September 2016 debit Bank
credit Loan against FD
(For loan taken against FD)

debit interest
credit Loan against FD
(For interest applied on the loan)

debit Loan against FD
credit Bank
(For repayment made)
Profile Image

Guest

Profile Image

Guest (Querist)
14 September 2016 Thank you Amol for prompt reply.
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
15 September 2016 you are most welcome.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details