Accountancy, asked by pooja7839, 1 year ago

receive interest on investment by cheque plzz tell me in which side it wourbe and in which collom

Answers

Answered by mayankmaxverma
2
It will be written in the left side of the cash book.
hope its help u
Answered by Anonymous
0

The Journal Entry will be : Bank A/C.  Dr.  Rs.xxx     To Interest on Investment A/C. Rs.xxx (Being interest on investments received) In the Cash Book, On the debit side, Write " To interest on Investments" with respective amount in the Bank Column

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