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     EduGorilla 
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    What should be the journal entry when A takes over loan payable to Mrs. A ₹20000

    Options :-

    1. RelisationA/cDr.  58000
      To BankA/c  58000

    2. RealisationA/cDr.  20000
      To A’s CapitalA/c  20000

    3. Bank A/Cdr.  58000
      To A’s CapitalA/c  58000

    4. LoanA/cDr.  58000
      To A’s capital/c  58000

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