An Ap consist 50 terms of which is 12 and the last term is 106 find the 29th term
An Ap consist 50 terms of which is 12 and the last term is 106 find the 29th term
I have done entries in tally for last year that is 2017-18 and i have the balance sheet & P&L acc of the F.Y 2016-17. Can anyone tell me how to pass the entry relating to opening balance of various accounts from P&L & B/s
our firm received a term loan of 25 lac with a tenor of 7 years along with a moratorium period of 6 months for construction. the reimbursement of capex was done by bank for 12 lakh. for the rest amount we used to give letters to bank for payment to a suppliers for purchase. interest was charged at@ 11%.
Please tell me how the entries will be done as the amount was not actually received and was paid by bank only to the suppliers account directly