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Hi Everybody,
1). Can anybody tell me the Journal entry for Bank charges
Rs.100 and under which account it will come.
2). Received interest from Bank what is the journal entry,
under which account it will come,
Awaiting for soonest reply,
Thanks,
Khan
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Answer Posted / cartik
Hi Khan the ans follows
Its comes under Nominal a/c and the journal entry is
1) Bank charges a/c dr
To Cash A/c
(being charges paid )
2.Interest A/c dr
To Cash A/c
(being interest received)
| Is This Answer Correct ? | 19 Yes | 36 No |
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