Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules
Answer Posted / kamlesh pandey
BANK A/C DR.
TO INTEREST
| Is This Answer Correct ? | 152 Yes | 29 No |
Post New Answer View All Answers
what is addition of Opening Balance and net profit transfered from profit and loss account called
Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy
Describe me accounting rules
how pass journal entry in the month ending for input vat and out put vat
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
How can I put Bank Guarantee Receipt entry in Tally ERP9?
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?
Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??
HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
what is the relationship between cost accounting financial accounting and managerial accounting?
what is the meaning of banking
Differentiate public and private accounting?
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY