India what is journal entry for interest collected by bank? pls read the details

Joined
Jul 7, 2015
Messages
7
Reaction score
0
Country
India
hello all,

I am doing BRS for the first time and there is one transaction: Int collected from 1-7-2014 to 31-7-2014... the amt is Rs. 30926/- and it is in the withdrawl column of the bank statement.
Also i would like to add that the account type is Overdraft Trade Credit.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,775
Messages
27,839
Members
21,814
Latest member
alea2024

Latest Threads

Top