Journal entry for rd deposit
This query is : Resolved
Guest
Guest
(Querist)
30 August 2011
Can any one tell me,what journal entry pass for RD(Recurring Deposit).[Journal entry pass in the books of Bank & Journal entry pass in the books RD depositor/customer]
U S Sharma
(Expert)
30 August 2011
in the books of depositor
Bank (RD) a/c dr ......
to cash/bank ..............
Bank (RD) a/c dr ..........
to interest on RD ............
similer opposite a/c entry in bank books
Bank (RD) a/c dr ......
to cash/bank ..............
Bank (RD) a/c dr ..........
to interest on RD ............
similer opposite a/c entry in bank books
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