Journal entry for interest received

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Journal entry for interest received..

Answer / general

Cash dr
To interest

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Journal entry for interest received..

Answer / ganesh shinde

Bank A/c Debit----------
To Interest A/C Credit------

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Journal entry for interest received..

Answer / raghu.v

Which type Interest ?


When interest received JV is :-

Bank a/c Dr
Interest Received Cr

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Journal entry for interest received..

Answer / raghu.v

1.While interest received through cash

Cash a/c Dr
Interest received a/c Cr

2.While interest accumulated with FD

Fixed Deposit No00025 a/c Dr
Interest received a/c Cr

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Journal entry for interest received..

Answer / nisha sagore

Bank/cash a/c dr
to interst

Is This Answer Correct ?    0 Yes 0 No

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