Mr X has invest Rs.150000/- from his saving bank a/c for
fixed deposit after maturity he received with interest amt
Rs.165000/- He requested bank to renewed the same excluding
inst amt.Bank after deducting charges credit the insterest
amt to Mr. X a/c..pass the Journal entry in the books of MR.X
What will be the entry for transfer of fixed deposit amount
to their current a/c. (ie. if we hav a FD of Rs.600000 with
the bank, we need to close the FD and transfer the amount
to the current Account.
kindly provide me the entry for this.
what are the different causes for discrepencybetween the
balance of cash book and pass book
after payment of interest of a loan account by using credit
note voucher in tally 9........don't anyone thinks that we
have to adjust the cash account by passing cr entry on journal
for interest payment...