Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Journal entry for loan received (https://www.askmehelpdesk.com/showthread.php?t=499003)

  • Aug 17, 2010, 05:26 AM
    ganesh43p
    Journal entry for loan received
    What will be the journal entry when received loan
  • Aug 17, 2010, 03:05 PM
    morgaine300

    I assume you mean when you took out a loan and received cash. Dr Cash and Cr like Notes Payable or some other appropriate payable name.

  • All times are GMT -7. The time now is 12:12 AM.