Tally entry
pappu kumar (map of india) (32 Points)
26 September 2019
interest received and Bank charge receive
2 Replies
Deepak Gupta
(CA Student)
(15922 Points)
Replied 26 September 2019
| Originally posted by : pappu kumar | ||
 |
interest received and Bank charge receive |  |
*Assuming interest received as savings bank interest and bank charges received as reimbursement of excess charges deducted earlier
Bank A/c Dr.
SB Interest A/c Cr. (Indirect Income)
Bank A/c Dr.
Bank Charges A/c (Cr.)
[Credit the same bank charges account created under direct expenses for showing the net effect]
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