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Related to 269SS and 269T
if we repayment nad loan taken through a entry that means if we not taken loan via any cash or bank but adjustment entry will be passed then also that that transaction will be shown in 3CD point 31
Replies (7)
Quick Summary
Yes u should
In audit you have to show everything as per the statement and data for
If we required to show this entry in 3CD then which option to be choose cheque ecs or other
What is the way you take loan and from whom
It is treated by adjustment entry
That's I ask what is your adjustment entry
One party of loan to be debited and other one credited..
that is
party (for payment ) a/c dr
To party (loan taken)
that is
party (for payment ) a/c dr
To party (loan taken)
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