debit
[Debit] Interest Receivable [Credit] Interest Income
credit
debit interest expense, credit interest payable for the accrued amount
a decrease in a receivable is a decrease in an asset therefore its a credit.
Dividend receivable Debit Cash dividend Credit Cash Debit Dividend receivable Credit
credit
commission receivable is credited
[Debit] Accrued interest income [Credit] Notes payable
A Credit entry reduces Accounts Receivable
[Debit] Interest receivable on marketable securities [Credit] interest earning on marketable securities
Debit
Cash/Bank/Accounts Receivable [Debit] Sales[Credit]