Debit bonds
Debit interest accrued
Credit cash / bank
Debit interest receivable
Credit interest income
Debit Accrued Interest Expense Credit Accrued Interest Payable
[debit] Interest expense [credit]interest payable
debit interest receivablecredit interest income
Debit interest receivableCredit interest income
debit interest receivablecredit interest income
[Debit] Accrued interest income [Credit] Notes payable
Interest A\c Dr Accured debenture Cr
debit interest expense, credit interest payable for the accrued amount
Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable
(debit) interest income (credit) (debit) interest income (credit)
[Debit] Accrued income receivable [Credit] Accrued income
[Debit] Accrued income receivable [Credit] Accrued income