Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules
Answer Posted / m.a.sajid khan
Bank A/c..... Dr.
To Interest Received....Cr.
Interest is Belongs to Nominal Account & Bank is belongs to Real Account.
| Is This Answer Correct ? | 74 Yes | 13 No |
Post New Answer View All Answers
Explain different branches of accounting?
Do you know retail banking?
What is the purpose of financial statements?
Do you know what is a cpa?
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
Differentiate public and private accounting?
When we paid TDS on commission how will journal entry come
What is cost accountancy?
What is depreciation and how many types are there. Please give details?
Explain how you can adjust entries into account?
Tell me what are things will not be included in bank reconciliation statement?
I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.
Define dual aspect term in accounting?
Why Company maintain's books of account?
how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.