Question

loan taken for car for office use rs.1 00 000
pass a journal entry

Answer 1

heyaa,,,

journal entry will be:

____________________________

c/b a/c Dr 1,00,000.

to loan a/c 1,00,00.

(loan taken.)

____________________________

hope it helps...

Answer 2

Answer:

cashA/C                    dr1,00,000    

             to loan A/C                    1,00,000

Explanation: