Loan prepaymenr entries in tally

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NA
159 Points Posted on 23 July 2016
Hi. Can anyone pls tell me the entry for Prepayment of Loan before its closure in Tally of Individual Balancesheet???
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On 23 July 2016 at 12:48 Report
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Accountant Manager
158 Points Posted on 23 July 2016

bank loan A/c Dr

interest on Bank Loan A/c dr

   To CASH/BANK A/c 

 

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On 23 July 2016 at 15:55

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