Accountancy, asked by getanjusree, 6 months ago

journal of loan taken frok mahesh for rs. 5000

Answers

Answered by debanjanbala

0

Answer:

Can you please re ask the question clearly?

Answered by chaitanya942

0

Answer:

Loan taken is your liability so it is credited. Account Name should be “loan”. You will recieve cash so it is debited. Finally entry should be.

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