Question

Bank charged interest Rs. 200 journal entry

Answer 1

Answer:

Explanation:

Interest A/C        dr to bank A/C

Answer 2

Answer:

Journal entry:

   Bank charges a/c                      Dr       200

          To Bank a/c                                                           200

Analysis

Bank charges   -  expenses   -  increase      -   Debit

Bank                   - assert         -  decreases  -    Credit