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Event

Debit

Credit

Disbursal

Loan Portfolio

Cash

Principal repayment

Cash

Loan Portfolio

Interest repayment

Cash

Interest on loans

Principal Write off

Losses Written Off

Loan Portfolio

Fees payment

Cash

Income from fees

Penalty payment

Cash

Income from Penalties

Initiate Transfer (From Branch A to Branch B)Transfers in SuspenseLoan Portfolio
Accept Transfer (In Branch B)Loan PortfolioTransfers in Suspense
Over paymentCashLoan Over-payments
Refund (of Overpaid amount)Loan Over-paymentsCash

 

 

4.2        Accrual Based accounting Scenario

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