We applied for abus loan for our company from bank how to make entry in quick book

That's easy, rsj5020.

We'll have to create a liability account first to track the loan. Let me show you how:

1. Go to the Accounting menu and select Chart of Accounts. 
2. At the upper-right, click New.
3. Under Account Type, select a liability account (Non-current liabilities or Current liabilities). For the Detail Type, select Notes Payable or Loan Payable.
4. Enter the account with a specific name.
5. Click Save and close.

If you already have one, you'll want to go ahead and record the money you got from the loan through a Journal Entry. Once you're ready to pay back the loan, you can write a cheque.

Feel free to use this article for more details on how to set up a loan in QuickBooks Online.

If you have other questions please don't hesitate to post them here. Have a great day!