can you give a answer of below question bco'z I think I
will confuse u or i am confused?

suppose u deposit amt 50000 ( for one Year) on which u get
4%int per annuam (simple int) give me a journal entry for
int ?

Answers were Sorted based on User's Feedback



can you give a answer of below question bco'z I think I will confuse u or i am confused? s..

Answer / rijul

1.Bank A/c Dr. 50000
To Cash 50000
[Cash Deposited]

2.Cash A/c Dr. 50000
Interest A/c Dr 2000
To Bank 52000

Is This Answer Correct ?    13 Yes 3 No

can you give a answer of below question bco'z I think I will confuse u or i am confused? s..

Answer / abdul rahman

1)Bank A/c Dr. 50000
To Cash A/c Cr. 50000
(being cash debosited in Bank)

2)Cash A/c Dr. 50000
Intrst A/c Dr. 2000
To Bank A/c Cr. 52000
(being interest received)

Is This Answer Correct ?    7 Yes 2 No

can you give a answer of below question bco'z I think I will confuse u or i am confused? s..

Answer / sumalatha ale

Cash/Bank A/c Dr
to Interest A/c
[Being Interest received on Deposit]

Is This Answer Correct ?    5 Yes 0 No

can you give a answer of below question bco'z I think I will confuse u or i am confused? s..

Answer / rupal04

Interest received 2000
to Bank A/C 2000

Is This Answer Correct ?    8 Yes 4 No

can you give a answer of below question bco'z I think I will confuse u or i am confused? s..

Answer / akingbule bayonle stanley

credit the giver,

debit the receiver account
debit bank 50,000
credit owner 50,000
debit owner 2,000
credit bank 2,000

Is This Answer Correct ?    3 Yes 0 No

can you give a answer of below question bco'z I think I will confuse u or i am confused? s..

Answer / sumalatha

Cash A/c Dr 2000
To Interest A/c 2000
(Being Interest Received On Deposit)

Is This Answer Correct ?    5 Yes 3 No

can you give a answer of below question bco'z I think I will confuse u or i am confused? s..

Answer / sanjeev

dr intest received rs 2000/-
cr bank a/c no ( in which interest received) for rs 2000/-

Is This Answer Correct ?    6 Yes 7 No

can you give a answer of below question bco'z I think I will confuse u or i am confused? s..

Answer / amit singh

1.Bank A/c Dr. 50000
To Cash 50000
[Cash Deposited]

2.Cash A/c Dr. 50000
Interest A/c Dr 2000
To Bank 52000

Is This Answer Correct ?    2 Yes 3 No

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