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Hi Everybody,
1). Can anybody tell me the Journal entry for Bank charges
Rs.100 and under which account it will come.
2). Received interest from Bank what is the journal entry,
under which account it will come,
Awaiting for soonest reply,
Thanks,
Khan
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Answer Posted / vishnu murthy.p
Bank charges a/c-----dr 100
To Cash/Bank ------A/c 100
(Being Bank charges is paid)
Bank a/c-----dr xxxx
To Interest --------A/c xxxx
(Being Interest received from bank)
| Is This Answer Correct ? | 4 Yes | 1 No |
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