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Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules
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Answer Posted / ajay kumar
Bank A/C- DR.
To Intrest
(Intrest received from bank. it is a income.according to
Golden rules of acc.-Debit all Exp.& Losses
Credit all income &gain.)
| Is This Answer Correct ? | 59 Yes | 9 No |
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