Fixed deposit
This query is : Resolved
09 December 2011
what will be the accounting entry for Fixed Deposit redeposit with maturity amount (if "accrued interest" account maintain) ?
Guest
Guest
(Expert)
09 December 2011
Fixed Deposit (New Account) Dr. 110
To Fixed Deposit (old Account) 100
To Accrued Interest account 10
To Fixed Deposit (old Account) 100
To Accrued Interest account 10
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