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What is the journal entry of interest on capital 5 percent pa for a month?
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∙ 11y ago
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∙ 11y ago
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What is the journal entry of interest on capital of Rs 50000 10 percent?
[Debit] Interest on Capital 5000 [Credit]Cash/Bank 5000
What is the journal entry to interest on capital?
[Debit] Interest on capital account xxxx [credit] Capital account xxxx
What is the journal entry for capital on interest?
interest on captial a/c dr To Partner's capital a/c
What is journal entry when started business by borrowing cash from friend with interest 12 percent?
[Debit] Cash account xxxx [Credit] Capital xxxx Interest will paid after a year when it will due.
What is the journal entry for unsubscribe capital stock?
There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.
What is the journal entry for additional capital bought to business by partner?
the Journal entry for Additional capital brought to business partner Capital A/c Dr. To Partner Capital A/c
What is the journal entry if i received 10000 as a interest income and 10 percent percent advance income tax paid?
debit cash 9000debit tax 1000credit interest income 10000
What is the opening journal entry for paid up capital?
capital
What is the journal entry to interest receivable?
debit interest receivablecredit interest income
What is the journal entry for interest on credit?
debit interest receivablecredit interest income
What is the journal entry of interest paid?
Debit interest expenseCredit cash
What will be the journal entry when interest allowed by the bank?
interest allowed by bank
