Working capital loan

I haven't heard such term before. Are you sure its working capital loan ?

Yas Harshad

How much  fund require to do business day by day i.e. Current Assetts- Current Liab.

You think How can you this fund you created through permanent capilal or long term loan or short term loan. This is working capital loan. Its interest charged in SPL

ALL ABOUT KNOWN AS WORKING CAPITAL MANAGEMENT

Thanks Ansari sir, what is the treatment in accounting?

(1) For received fund

             Cash  A/C        Dr          xxxx

                     To   Capital / Loan A/C      xxxxx

       Being fund raised

(2) When interest accured

          interest A/C    Dr         xxxxx

                interest Payable  A/C     xxxxx

(3)     Year end

          Profit Loss A/C    Dr    xxxx

                interestA/c              xxxx

being interest charged

(4)      When interest Paid

         interest Payable A/C    Dr    xxxx

              Cash  A/C                   xxxx