Accountancy, asked by shahbazarsh00, 4 months ago

received interest 14000​

Answers

Answered by dhamija326
0

Answer:

Explanation:  In this case Interest received is our income.

Cash A/c Dr 14,000.00

   To Interest received    14,000.00

(being interest received in cash)

In case interest received from Bank (Bank always credit customer account as such entry will be

Bank A/c Dr 14000.00

  To interest A/c

(Being interest credited by the Bank)

Similar questions