Accountancy, asked by aggi2ani, 1 year ago

5 journal entries related to intrest on loan​

Answers

Answered by bhagyakulthe
1

Answer:

1intrest on loan a/c dr

To cash

( being intrest on loan paid)

2 intrest on loan a/c dr

To intrest on loan Paylbe

(Being intrest charged but not paid [outstanding ])

3 cash a/c dr

To intrest on loan

( being cash received for intrest on loan )

4

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