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Hi Everybody,
1). Can anybody tell me the Journal entry for Bank charges
Rs.100 and under which account it will come.
2). Received interest from Bank what is the journal entry,
under which account it will come,
Awaiting for soonest reply,
Thanks,
Khan
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Answer / sfk
1) bank charges a/c dr 100
To cash a/c 100
(being bank reduce ur money from your account)
2)Cash a/c Dr 100
To Bank Interest a/c 100
(Being the bank add a interest money in ur account)
| Is This Answer Correct ? | 4 Yes | 8 No |
Answer / cartik
Hi Khan the ans follows
Its comes under Nominal a/c and the journal entry is
1) Bank charges a/c dr
To Cash A/c
(being charges paid )
2.Interest A/c dr
To Cash A/c
(being interest received)
| Is This Answer Correct ? | 19 Yes | 36 No |
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