0
What is the journal entry of interest on capital of Rs 50000 10 percent?
Updated: 8/19/2019
Wiki User
∙ 10y agoBest Answer
[Debit] Interest on Capital 5000
[Credit]Cash/Bank 5000
Wiki User
∙ 10y agoThis answer is:
Add your answer:
Earn +20 ptsQ: What is the journal entry of interest on capital of Rs 50000 10 percent?
Write your answer...
Submit
Still have questions?
Related questions
What is journal entry for started business with cash 50000?
debit cash 50000credit capital 50000
How much interest does 50000 earn per year at 5 percent?
$2500
What is the journal entry for cash in hand 50000 and bank deposit 30000 for opening a business firm?
cash a/c dr 50000 bank a/c dr 30000 TO CAPITAL a/c 80000
How much interest will 50000 earn at 3 percent for one year?
In simple interest, 50,000 would earn 1,500 in one year.
What would be the journal entry for purchased 5000 shares of its own stock for 10 per share?
General entry in company books as follows: [Debit] Cash/Bank 50000 [Credit] Share capital 50000
50000 is 40 percent of what number?
50000/0.4 = 125000 Therefore, 50000 is 40 percent of 125000.
What is 15 percent of 50.000?
15 percent of 50000 = 750015% of 50000= 15% * 50000= 15%/100% * 50000= 15 * 500= 7500
What is 33 percent of 50000?
33% of 50000= 33% * 50000= 0.33 * 50000= 16,500
What is 1.8 percent of 50000?
1.8% of 50000= 1.8% * 50000= 0.018 * 50000= 900
What is 10000 percent of 50000?
10000% of 50000= 100 x 50000 = 5000000
What is 33.3 percent of 50000?
33.3% of 50000 = 50000*33.3/100 = 16650
What is 2 percent of 50000?
50000 times .02
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.