In Axis Bank Rs 25 lakh FD Made
what is the fixed deposit interest received journal entry in books of accounts how to record in books of accounts what is the entry
Menu
What is the journal entry for fixed deposit interest received
Replies (4)
Quick Summary
If interest is received
Bank AC......Dr.
To Interest on Fix Deposit
Bank AC......Dr.
To Interest on Fix Deposit
Ledger Name: INTEREST RECEIVED ON FD
Under : Indirect Incomes
Entry:
Cr. INTEREST RECEIVED ON FD A/c - XXXXX
Dr. Bank A/c - XXXXX
Under : Indirect Incomes
Entry:
Cr. INTEREST RECEIVED ON FD A/c - XXXXX
Dr. Bank A/c - XXXXX
if interest is received
Dr. Bank A/c XXXX
Cr. To Interest received on FD A/c XXXX.
This is not desirable .
Recent Topics :
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
- Nps taxation
- Representative assessee
Related Topics :
CAclubindia
