Question

Loan given to D. Gupta @12% per annum ₹1500...What is the journal entry?

Answer 1

Hey mate ✌️✌️

Journal Entry ⏬⏬⏬

Interest A/c..................................Dr..180
............To Cash A/c..180

⏩12/100*1500=180

✨ Hope this helps you ✨

Answer 2

$\huge\mathfrak\red{Bonjour\:Mate}$

$\huge\boxed{Answer}$______✌✌

➡️ cash................... Dr........ 35,000

........................Furniture a/c........35,000