banner_ad

What is the journal entry for fixed deposit interest received

929 views 4 replies
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
Replies (4)
If interest is received

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

if interest is received

Dr. Bank A/c   XXXX

Cr. To Interest received on FD A/c XXXX.

 

This is not desirable .


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details