Question

Yashraj took a personal loan of Rs. 10,00.000 from ICICI bank at interest
rate of 12% p.a. Here, *
Bank A/c will be debited with Rs. 10,00,000
Cash A/c will be debited with Rs. 10,00,000
O Bank A/c will be debited with Rs. 11,20,000
O No entry will be passed in the books of business.​

Answer 1

Answer:

I think bank account will be debited with Rs. 1120000.

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