Question

received interest cash 600​

Answer 1

Answer:

please write full question.

Answer 2

Answer:

Interest receivable is the amount of interest that has been earned, but which has not yet been received in cash. The usual journal entry used to record this transaction is a debit to the interest receivable account and a credit to the interest income account.

Bank a/c dr  Rs.600

To interest received a/c  Rs.600