Hi Everybody,
Can anybody tell me the journal entry for below question,
Charged interest on Capital Rs.1,500.00
Thanks,
Answer Posted / sukavani
Interest on Capital A/C Dr. 1500.00
To Capital A/C 1500.00
interest on capital debited in p&l a\c
it will be adding to capial to the
balance sheet
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is the entry for closing stock value reduction?
What is the Project Accounting in case of Real Estate or Construction Co`s ?
Who is considered the father of accounting?
PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330
Tell me deferred taxation is a part of which equity?
What do you think is a bank reconciliation statement?
How to prepare HSD statements in tally
What and How to compute an unsecured balances?
hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me
sir i want know how to fill vat return
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
What is dd and a in oil and gas accounting?
What are the 4 types of ppe?
Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs
Cash Processing