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Bank interest march deducted by bank in June

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Dear Sir please suggest for entry bank has debit Interest in June 2020 on account of March 2020 how to make the entry in books of account in March.
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In the  month  of   March  2020  on 31 st  march  You have  pass  following  entry  in the Books of accounts   

1)   Bank  Interest           A/c    Dr 

     Outstanding  bank Interest  19-20        A/c    Cr  

(  being  interest  payable  to bank  Outstanding  at the end of the year ) 

Note - show  Outstanding  bank  interest 19-20 under  liability  side  of Balance sheet  

 

In the  next  year  Out standing  Bank 19-20 Interest A/c  will be carried  forward  as oping  balance 

2)  In the month  June 2020  you pass  the entry 

      Outstanding  bank Interest  19-20      A/c   Dr 

       To  Bank                                             A/c   Cr 

(  being interest  of  19-20 recovered in June 2020 by bank  ) 


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