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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4370)
Question
what is interest on capital
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 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
Satyaki_raju@yahoo.com
 
Answer
# 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
 
 
 
Answer
# 3
i need information about the interest on capital 
Is This Answer Correct ?    2 Yes 2 No
Gaurav
 
Answer
# 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
 
Answer
# 5
expense,dr interest charged and credit the business"s bank
a/c
 
Is This Answer Correct ?    2 Yes 11 No
Noma
 
Answer
# 6
interest expense a/c
to interest payable a/c
 
Is This Answer Correct ?    5 Yes 15 No
Ikram Baig
 
Answer
# 7
interest on capital A/c Dr

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

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

 
 
 
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