what is interest on capital
Answers were Sorted based on User's Feedback
Answer / satyaki_raju@yahoo.com
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 ? | 54 Yes | 14 No |
Answer / gaurav
i need information about the interest on capital
Is This Answer Correct ? | 4 Yes | 2 No |
Answer / amit jaiswal
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 ? | 4 Yes | 2 No |
Answer / sujit kumar jaiswal
interest on capital A/c Dr.
To capital A/c
(being interest charged on capital)
Is This Answer Correct ? | 2 Yes | 2 No |
Answer / noma
expense,dr interest charged and credit the business"s bank
a/c
Is This Answer Correct ? | 2 Yes | 11 No |
Answer / ikram baig
interest expense a/c
to interest payable a/c
Is This Answer Correct ? | 5 Yes | 15 No |
Answer / vijayabhaskara reddy
interest on capital A/c Dr
To Interest A/c
Is This Answer Correct ? | 7 Yes | 24 No |
Answer / rakesh
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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