Question

received interest on loan rupees 500 from sohan the debtor journal entry​

Answer 1

Answer:internet on loan a/c dr 500 to sohan a/c 500

internet comes in our a/c it's debit& credit on sohan a/c by received interest

Answer 2

Sohan A/c. Dr

To Interest on loan. A/c

[Being received interest on

loan from Sohan]

Hope it helps you ✌️☺️