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can you give a answer of below question bco'z I think I
will confuse u or i am confused?
suppose u deposit amt 50000 ( for one Year) on which u get
4%int per annuam (simple int) give me a journal entry for
int ?
- 8 Answers
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Answer / rijul
1.Bank A/c Dr. 50000
To Cash 50000
[Cash Deposited]
2.Cash A/c Dr. 50000
Interest A/c Dr 2000
To Bank 52000
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / abdul rahman
1)Bank A/c Dr. 50000
To Cash A/c Cr. 50000
(being cash debosited in Bank)
2)Cash A/c Dr. 50000
Intrst A/c Dr. 2000
To Bank A/c Cr. 52000
(being interest received)
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / sumalatha ale
Cash/Bank A/c Dr
to Interest A/c
[Being Interest received on Deposit]
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / akingbule bayonle stanley
credit the giver,
debit the receiver account
debit bank 50,000
credit owner 50,000
debit owner 2,000
credit bank 2,000
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sumalatha
Cash A/c Dr 2000
To Interest A/c 2000
(Being Interest Received On Deposit)
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / sanjeev
dr intest received rs 2000/-
cr bank a/c no ( in which interest received) for rs 2000/-
| Is This Answer Correct ? | 6 Yes | 7 No |
Answer / amit singh
1.Bank A/c Dr. 50000
To Cash 50000
[Cash Deposited]
2.Cash A/c Dr. 50000
Interest A/c Dr 2000
To Bank 52000
| Is This Answer Correct ? | 2 Yes | 3 No |
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