interest paid to bank for journel entry

Answer Posted / durgaprasad m

Bank Interest Dr
To Cash Cr
(direct cash payment)
Bank Interest Dr
To Bank Cr
(through cheque payment)

Is This Answer Correct ?    17 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how will you create the posting periods 3 and 5 or 5and 7?

1636


Hi all i did my M.B.A financ enw iam doing a job as a finance executive but i feel it is not good 4 me can any 1 plz guide me 4 the better career my job profile is (INVOICING)hw it is help me out 4 the better career shell i continu ein the same 1 by learning sap or oracle or shall i shift to any other if any other which job is suites to me plz suggest me

1713


diffrence between the profit center and business area

1663


Expand----------MTSC

1716


I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??

1488






What are the duties of sales tax department? Explain it

1766


You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

1839


what is the difference between f.f.s and c.f.s?

2111


sir i'm having exp as a HR-Recruiter, now i'm willing to work in other areas of HR.Is learning of accounting courses such as (Payroll mgmt,TDS, service tax, vat, provident fund, gratuity fund, Tally ERP.9 )is necessary? if so, kindly guide me what all accounting courses i need to study to work in other areas of HR. or what are the qualifications required to work in other areas of HR? 2)one of my friend would like to know the job profile for Finance admin..

1559


What is the process of VAT & CST Registration?

2009


Expand-------ATBN

1707


i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

1817


Why you choose commerce faculty & not science or Why you are in commerce & not in science ?

1668


what is crisil?what is the advantage of crisil rating?

3216


what is transposition-cum-demat?

2053