Baking ci exp.
This query is : Resolved
23 December 2013
interest on current account whether Income or expenditure for banking co.
23 December 2013
If it is paying interest on current accounts of public or other banks then it is expenditure, otherwise it is earning interest on current accounts held with other banks or RBI etc... then it is income.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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