Interested to Buy Any Domain ? << Click Here >> for more details...
Hi Everybody,
Can anybody tell me the journal entry for below question,
Charged interest on Capital Rs.1,500.00
Thanks,
- 15 Answers
- 27512 Views
- I also Faced
- E-Mail Answers
Answer Posted / sukavani
Interest on Capital A/C Dr. 1500.00
To Capital A/C 1500.00
interest on capital debited in p&l a\c
it will be adding to capial to the
balance sheet
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.
What is fbt (fringe benefit tax)?
Explain me fair value accounting?
kindly send the TDS tariff on Security expenses, rents, transport charges etc.,
How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?
Tell me what is accrual accounting?
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
what is the accounting treatment in tally of free goods received with goods purchased.
Where do generally accruals appear on the balance sheet?
Tell me why did you select accounting as your profession?
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
saji become insolvant -what is journal entry
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.
What was the most difficult deal you had to close?
