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Categories >> Accounting >> Accounting AllOther


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what is interest on capital
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
# 1
Rakesh Bhai
Interest on Capital a/c dr
To capital
(Being interest charged on capital)
Interest on capital will be calculated at the year end and
will be added to capital account.according to you capital
account was not raised
So be careful while giving answer
Is This Answer Correct ?    51 Yes 13 No
# 2
interest on capital A/c Dr.
To capital A/c
(here ther will be yhe name of enterpreneur in credit with his capital)
Is This Answer Correct ?    3 Yes 2 No
Amit Jaiswal
# 3
i need information about the interest on capital 
Is This Answer Correct ?    2 Yes 2 No
# 4
interest on capital A/c Dr.
To capital A/c
(being interest charged on capital)
Is This Answer Correct ?    1 Yes 2 No
Sujit Kumar Jaiswal
# 5
expense,dr interest charged and credit the business"s bank
Is This Answer Correct ?    2 Yes 11 No
# 6
interest expense a/c
to interest payable a/c
Is This Answer Correct ?    5 Yes 15 No
Ikram Baig
# 7
interest on capital A/c Dr

To Interest A/c
Is This Answer Correct ?    7 Yes 23 No
Vijayabhaskara Reddy
# 8
so asked about journa means the

intrest on capital Dr
To p&l a/c
Is This Answer Correct ?    8 Yes 39 No

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