free website stats program Repayment of loan debited in current account by bank if recorded through journal, which of the following is correct?

Que.

Repayment of loan debited in current account by bank if recorded through journal, which of the following is correct?

  • A. Loan account is debited
  • B. Loan account is debited
  • C. Bank account is debited
  • D. None of the above
Right Answer is :
✓ A. Loan account is debited
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