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F.d.r

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 April 2014 FDR is matured so it will de added to P/L A/c
with interest amount.is it correct
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
29 April 2014 no. only interest portion is transferred to Profit & loss A/c.

The principal amount is credited to FD A/c

Bank A/c Dr

To FD A/c
To Interest Income A/c
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Querist : Anonymous

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Querist : Anonymous (Querist)
29 April 2014 what is the accounting entry>????
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
29 April 2014 what did i wrote in my earlier entry? read..
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