Accountancy, asked by angelreddy007, 1 month ago

Interest received through cheque will be:-
bank a/c Dr
to interest received a/c
But interest is being received right? so shouldn't it be:-
interest received a/c Dr
to bank a/c

PLEASE ANSWER QUICKLY AS I HAVE A TEST TOMORROW

Answers

Answered by samruddhishitole4546
3

Answer:

Journal entry for received interest from the bank:

Bank A/c … Dr

To Bank interest A/c

[Being the received bank interest]

Bank A/c Debit because the bank is (Personal Account) and it is Receiver, so the Receiver also Debits based on Debit and Credit Rule.

Interest A/c Credit because the Interest is (Nominal Account) and one type of Income and Income is also Credit. Based on the Debit and Credit or Golden Rules.

Note:

Bank - Personal Account - Receiver - Dr

Interest - Nominal Account - Income - Cr

Answered by XxSadToxicBoyxX
12

Answer:

Answer:Unmet need for family planning is defined as the percentage of women of reproductive age, either married or in a union, who have an unmet need for family planning. Women with unmet need are those who are want to stop or delay childbearing but are not using any method of contraception

Answer:Unmet need for family planning is defined as the percentage of women of reproductive age, either married or in a union, who have an unmet need for family planning. Women with unmet need are those who are want to stop or delay childbearing but are not using any method of contraceptionExplanation:

Answer:Unmet need for family planning is defined as the percentage of women of reproductive age, either married or in a union, who have an unmet need for family planning. Women with unmet need are those who are want to stop or delay childbearing but are not using any method of contraceptionExplanation:ok

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