Interested to Buy Any Domain ? << Click Here >> for more details...
Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules
- 27 Answers
- 127443 Views
- ABC, GEE, Genpact, I also Faced
- E-Mail Answers
Answer Posted / avinandan bose
Dr. Cr.
Date Particulars Rs. Rs.
d/m/y Bank A/C-----Dr. XXX
Interest Recieved A/C XXX
(Being Interest recieved
from Bank)
According to Golden Rules:-
1.Interest Recieved:- Nominal A/C,Income,Credit.
2.Bank A/C :- Real A/C ,comes in, Debit.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is invoice processing can u explain it?
What is general ledger account?
Tell us do you have any professional experience of this field?
Why you want to change???
Who is considered the father of accounting?
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
Explain what knowledge should financial accountant have?
When a merchant sales of goods included/charged on packaging charges ,cartages and insurance;i.E :-Indirect income/revenue income and indirect expense/revenue expenditure. Plz suggeste me correct answer.Through messages,mail .
Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST
In which ways is math used in accounting
What are mis reports and how do you prepare it?
what is general accounting
What is fiduciary accounting?
If a transaction was missed completly how do you find it?
