Request a call back

Join NOW to get access to exclusive study material for best results

CBSE Class 11-commerce Answered

Rec. repayment of loan of 5000 and deposited 3000 out of it in bank  
Asked by Vanshohri968 | 07 Feb, 2020, 10:51: AM
answered-by-expert Expert Answer
Journal Entries to be passed for the following transactions:
  • Received Rs.5,000 as repayment of Loan:
Cash A/c            Dr.   5,000
                   To Loan A/c                     5,000
                (Being cash received as repayment of Loan given)
 
  • Deposited in bank Rs.3,000 out of the total amount received as loan repayment:
Bank A/c          Dr.   3,000
                    To Cash A/c                3,000
               (Being cash Rs.3,000 deposited in bank)
 
 
Answered by Surabhi Gawade | 07 Feb, 2020, 11:23: AM

Concept Videos

CBSE 11-commerce - Accountancy Part I
Asked by sunilmadhe2005 | 05 Jan, 2022, 05:00: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by raveendranrishika | 10 Jun, 2020, 01:24: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by prashilanaik21 | 06 Mar, 2020, 01:37: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Harjotkaur4m | 29 Feb, 2020, 10:14: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Kashishdhanani30 | 27 Feb, 2020, 02:37: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by diyamundra44 | 21 Feb, 2020, 03:46: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Vanshohri968 | 07 Feb, 2020, 10:51: AM
ANSWERED BY EXPERT ANSWERED BY EXPERT
CBSE 11-commerce - Accountancy Part I
Asked by Palashsaha411 | 20 Jan, 2020, 06:22: PM
ANSWERED BY EXPERT ANSWERED BY EXPERT
Get Latest Study Material for Academic year 24-25 Click here
×