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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

Answer Posted / purushotham

Bank charges a/c dr 100
To bank a/c 100
bank charges comes under nominal a/c
Bank a/c dr
To interest a/c
interest also comes under nominal a/c

Is This Answer Correct ?    11 Yes 1 No



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