example a person cash loans from rs:19,000/- each one *20 different person's total rs:3,80,000/- received.if a person cash loans from different persons account create
cash loans from different persons rs:19,000/-
cash loans from different persons rs:19,000/-
cash loans from different persons rs:19,000/- reaming balance rs:19,000/-*17 different persons total rs:3,80,000/- accounting entry passed in books.
question:
a person above mentioned transaction accepted in books under it act.
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Un secured loans from different persons
Replies (1)
YES, PROVIDED THE PERSONS ARE GENUINE. TO BE PRODUCED WHEN CALLED FOR....
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