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In which head we put interest on saving bank?
Replies (6)

Under capital or indirect income in PNL

when we choose capital or indirect income

When saving bank acoc*nt is used for personal purpose that time capital or else if it is used for business purpose that time indirect income PNL

thanks it's really help me out

Indirect Incomes are Incomes earned through non business activities.

Like selling of scrap materials.Sale of carton boxes etc.Discount Received, Interest received

for your kind information, personal account we should not use for commercial activities. for that we should open current account.

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