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June 15, 2021
Question

I do loans/adv to emp which is under Other Current Assets/Loans to others because it's typically repaid from their DD. What is account type for the repay of the loan?

  • June 15, 2021
  • 1 reply
  • 1 view
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1 reply

Rustler
Level 15
June 16, 2021

The repayment posts to the same account that you used to book the loan