Vehicle loan
This query is : Resolved
27 October 2018
Sir,
Can u pls guide me for tally entry on car loan through Bank, Includes car purchase and insurance
Can u pls guide me for tally entry on car loan through Bank, Includes car purchase and insurance
09 November 2018
when you purchase vehicle.
vehicle acount debti
to bank loan account
for insurance
insurance exp dr
to bank
( you can create prepaid also in this entry)
when bank loan emi paid
bank loan dr.
interest on car loan dr
to bank
vehicle acount debti
to bank loan account
for insurance
insurance exp dr
to bank
( you can create prepaid also in this entry)
when bank loan emi paid
bank loan dr.
interest on car loan dr
to bank
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