journal entry for interest collected by account holder from the bank?
Answer Posted / manikesh
Bank A/c Dr. —
To SBI bank a/c. —
In the credit side which bank gives interest that bank name will be written. That's it
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the rate of vat,cst,in mumbai
my company taken a hdfc car loan rs.355493/= but bank received only 347345/= .after received the amount company purchase the car. after that regular emi paid to hdfc bank.
Give ONE reason for Balance Sheet to be out of balance
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
Tell me what are the three factors that can affect your cash flow and business profitability?
Explain compound journal entry.
What is ppe in accounting?
How to show Airticket Expense on Company's A/c as Company expense
how many view the tally backup erp9 after the tally backup in tally
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
Do you know partitioning in accounting?
What is the difference between consigner and consignee?
List the type of transactions entered in journal proper.
What is the definition of manual accounting?