[debit] Interest expense
[credit]interest payable
Debit Accrued Interest Expense Credit Accrued Interest Payable
debit interest receivablecredit interest income
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 Interest Expense Credit Accrued 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 bondsDebit interest accruedCredit cash / bank
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