Dec 2012 Question 2

This topic has 3 replies, 2 voices, and was last updated 10 years ago by MikeLittle.

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November 23, 2015 at 10:40 am #284700
amna
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The issue cost of the loan which was charged to admin.expenses will be removed from it. Then what is the double entry for the issue cost?
November 23, 2015 at 4:08 pm #284741
MikeLittle
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Dr the Loan account
November 24, 2015 at 9:35 am #284865
amna
Participant
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ohh.okie. thanks alot
November 24, 2015 at 9:42 am #284867
MikeLittle
Keymaster
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You’re welcome
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