Accountancy, asked by atulsittu1598, 1 year ago

How to post interest received by cheque accounting equation

Answers

Answered by munnajha
1
Bank will be debited and interest credited
Answered by Vickypanjiyar
1
Heyaa,

The journal of the given transaction will be..


Bank account. Dr
To Interest received ac.

(being interest received by bank).

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