Our company took an unsecured loan of 20000 lakhs in the current bank account of the company, how to enter it? Will this loan change the net profit along with the liability of our company? No or yes then why? Experts need guidance
Menu
Unsecure loan & Entry
Replies (1)
When loan amount will deposited in your company bank account pass entry.
Bank A/c Dr
To Unsecured loan A/c Cr
( Being loan received from So and so)
Unsecured loan A/c will be under long term or short term borrowings as the Case be may be , libality side balance sheet.
Bank A/c Dr
To Unsecured loan A/c Cr
( Being loan received from So and so)
Unsecured loan A/c will be under long term or short term borrowings as the Case be may be , libality side balance sheet.
Recent Threads
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
Related Threads
CAclubindia
