Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules
- 27 Answers
- 120504 Views
- ABC, GEE, Genpact, I also Faced
- E-Mail Answers
Answer Posted / rohit mishra
Bank a/c Dr.
To Interest rcvd. A/c
(Being Interest Received)
Discription:
1.Bank a/c-Personal A/c
Rule applied: Credit The Giver
2.interest Rcvd.-Nominal A/c
Rule Applied:Credit All Income & Gains.
| Is This Answer Correct ? | 47 Yes | 19 No |
Post New Answer View All Answers
sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,
What are the major components of country's trade account?
What is your greatest achievement and why?
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
what is the impact of bank garantee of rs 100000 on cash flow statement which has been expired...& impact on bank reconcilation statement
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
What is partnership accounting?
How do I charge bank charges on payments to clients
what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?
How do you maintain accounting accuracy?
Define public accounting?
Do you know compound journal entry?
what is the entry of credit card received excess amount entry in tally and their under group names
What is cost accountancy?
as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary
