If A invested Rs.50000/- in F.D. & After maturity he got
56500/-. He added more Rs.43500/- in it & make F.D. for
Rs.100000/- how i pass this entry. still bank has not
credited 56500/- to A`s Account. please answer me
Answer Posted / javed
ENTRY-
NEW FD A/C Dr 100000
To
OLD FD A/C 50000
INTEREST A/C6500
CASH A/C 43500
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.
what is the D.V.T. rate from 1/10/2009
Tell me do you think accounting standards are mandatory and why?
"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.
What are the advantages of computer accounting over paper accounting?
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?
Do you know what is the importance of team work in this position?
Tell me what is working capital?
Private purchases amounting to rs 5000 have been debited to purchases account
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
What is band and why the company needs this?
What does overhead mean in regards to accounting?
How many accounting standards are currently published?
How to make a vat entry in books including setoff?