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Received 1 Year Loan 12000 with interest of1200, loan received on 1-3-14and installments on monthly basis. what will be the loan balance on 31-12-14?

Accounting Tally Financial Accounting Peachtree
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Question added by Kripesh Krishnan Kutty Nair , Merchandiser , Al Seer Group
Date Posted: 2015/01/29
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manseer muhammed ali
by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

By.. the loan balance will be, 

Linda Jaison
by Linda Jaison , Accounts Executive , Orostar Explosion Proof Electrical Materials Trading LLC

How much is EMI? It depends on the EMI .

 

 

ismail kunnil
by ismail kunnil , Accountant General , Abad Rahan Pars General contracting Co.

if interest is on flat rate balance will be3300 

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