Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules

Answer Posted / shiva kumar

bank a/c
interest received

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

non cash or bank income or expense

1332


Compare financial accounting and cost accounting.

670


in terms of accounting the trial balance when is it taken?

624


My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

1178


What is a ledger? What do you mean by ledger posting?

656






for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

2710


what are the disadvantages of back-flush accounting?

641


What are the nine accounting cycles?

670


whats difference between manufacturing account & cost account

1669


Please would you provide me with a defenition of Cycle count tolerance ? Thank you

1518


Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

1816


What is the difference between depreciation and amortization?

612


What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.

1775


What is a business transaction in accounting?

644


What is royalty reserve?

6581