Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules
Answers were Sorted based on User's Feedback
Answer / khushi kaur
Bank a/c........Dr.
To bank interest received a/c
(being bank interest received)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vineegautam.gautam
cash a/c........dr
to bank a/c
(being interest recived from bank)
debit which comes in
and credited which goes out
| Is This Answer Correct ? | 3 Yes | 25 No |
Answer / prasad
Interesta/c Debit
Bank a/c Credit
( Being Interest received from Bank)
| Is This Answer Correct ? | 8 Yes | 44 No |
Answer / unnikrishnan
interest A/c Dr
BANK Cr.
debit what comes in
credit the giver
am i right
| Is This Answer Correct ? | 6 Yes | 44 No |
cash with drawn from bank with issuing self check vide ch no.123456 how to enter in sap. please send answer anyone this is very helpful to me
what is basic general accounting.
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