manager-accts.
61 Points
Joined September 2011
Dear it is simple.
House a/c is debited instead of Housing loan a/c. crediting bank a/c is correct. you can pass a journal in any year as Housing loan a/c (it it is repayment) debit and credit the house a/c.
B.SEKAR (ANY CLARIFICATION MAIL TO machenggco @ bsnl.in)