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If A invested Rs.50000/- in F.D. & After maturity he got
56500/-. He added more Rs.43500/- in it & make F.D. for
Rs.100000/- how i pass this entry. still bank has not
credited 56500/- to A`s Account. please answer me

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If A invested Rs.50000/- in F.D. & After maturity he got 56500/-. He added more Rs.43500/- in ..

Answer / javed

ENTRY-

NEW FD A/C Dr 100000
To
OLD FD A/C 50000
INTEREST A/C6500
CASH A/C 43500

Is This Answer Correct ?    10 Yes 0 No

If A invested Rs.50000/- in F.D. & After maturity he got 56500/-. He added more Rs.43500/- in ..

Answer / rajesh

1st Entry

FD A/c (Debit) 50000
Bank / Cash (credit) 50000

2nd Entry
FD a/c 6500 (debit)
Interest Recd 6500 (Credit)

3rd Entry
FD A/c 43500 (debit)
Bank /Cash (Credit) 43500

Is This Answer Correct ?    1 Yes 4 No

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