Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules
Answer Posted / unnikrishnan
interest A/c Dr
BANK Cr.
debit what comes in
credit the giver
am i right
| Is This Answer Correct ? | 6 Yes | 44 No |
Post New Answer View All Answers
What is a comprehensive income?
Tell me why some asset accounts have a credit balance?
How P/E ratio usefull to the different people?
How do I record a prior year property tax refund on sale of asset due to overvaluation
What and How to compute an unsecured balances?
what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?
Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax
Define social responsibility accounting
What is meant by daily accrual and booking?
Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.
You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically
Explain how you can adjust entries into account?
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
Financial Accounting