Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Give Journal Entry for "Interest Received from Bank"
and give description with Accounting rules

Answer Posted / unnikrishnan

interest A/c Dr

BANK Cr.


debit what comes in
credit the giver
am i right

Is This Answer Correct ?    6 Yes 44 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why accounting is important in business?

1099


Why Company maintain's books of account?

1870


Explain me bills receivable?

1049


what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?

2081


plz can some one tel me "The concept of stock holder's equity and paid in capital".

3560


How do I record a prior year property tax refund on sale of asset due to overvaluation

1460


EXPLAIN EACH SECTION PROVISIONS ON TDS?

1837


Wha is difference between expenses and expenditure

1809


What and How to compute an unsecured balances?

2204


What is computerized accounting?

1045


What are trade bills?

1170


why only 6 months interest is charged on drawings

2176


What is double-entry accounting? Explain with an example?

1095


Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why?

3738


Tell us depreciation and its types?

1131