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intrest on car loan for co

Others 183 views 3 replies
car is owned in name of director and EMI on car loan is paid from pvt ltd company bank account.
(car is used full time for Company use)
What will be accounting treatment for Individual file of director and in books of Company.
plz reply
Replies (3)
Just account the same in Director's Current Account...
agreed with raja
please elaborate i am not getting it...plz


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