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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 / sfk
1) bank charges a/c dr 100
To cash a/c 100
(being bank reduce ur money from your account)
2)Cash a/c Dr 100
To Bank Interest a/c 100
(Being the bank add a interest money in ur account)
| Is This Answer Correct ? | 4 Yes | 8 No |
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