PASS THE JOURNAL ENTRY FOR FOLLOWING:
invested rupees 30000 in a fixed deposit which carries 8% interest per annum on 1st October 2015
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Fixed Deposit.............Dr
To Bank
On account of interest if the interest is payable at maturity
Interest accrued a/c Dr
To Interest income
To Bank
On account of interest if the interest is payable at maturity
Interest accrued a/c Dr
To Interest income
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