ACA ACS DISA(ICAI)
359 Points
Joined May 2008
tHERE IS NO BIG PROBLEM IN THE TYPE OF ACCOUNT
IF YOU ARE TAKING IT INTO CURRENT ACCOUNT OF THE FIRM, THEN DIRECTLY YOU CAN ENTER AS
CURRENT A/C DR
TO LOAN A/C
IN CASE, YOU ARE ROUTING THRU SAVING ACCOUNT(WHICH YOU ARE NOT BRINGING IN BOOKS) THEN
BUSINESS BOOKS:-
CURRENT A/C DR
TO CAPITAL A/C
PERSONAL BOOKS:-
SAVINGS A/C DR
TO LOAN A/C