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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 ?
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Answer Posted / sumalatha ale
Cash/Bank A/c Dr
to Interest A/c
[Being Interest received on Deposit]
| Is This Answer Correct ? | 5 Yes | 0 No |
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