Bling

Double Entry: Transaction 2 / of 22

Scene 6 / of 136

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I needed additional money so I went to the bank and arranged a business loan of €10,000 on May 2nd. I agreed that the loan would be paid back in five years.

Action Accounting

Bling

Double Entry: Transaction 2 / of 22

Tranaction: May 2nd a Loan of €10,000 was obtained.

Tick which two ledger accounts should be used.