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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 ?
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Answer Posted / 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 |
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What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
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