Easy Office
LCI Learning

Entry of provision of "fd interest"

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 May 2015 HELLO,

date 18.2.15 Rs. 50,00,000/- FD MADE
Principle amt Rs. 50,00,000/-
Interest 8.25%
period =91 days
Maturity date 20.5.15

bt i want to make provision of "FD INTEREST" as on 31.3.15

how will i pass the entry as on 31.03.15
Profile Image

CA Devanand Jethanandani

Profile Image

CA Devanand Jethanandani (Expert)
20 May 2015 Provisional entry on 31.3.2015 will be,

FD A/c. Dr. XXX
To Interest income
(narration: Entry passed for interest accrued from 18.2.15 to 31.3.15)

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links