Debit interest expense
Credit cash
debit interest expensecredit interest payable
debit unexpired interestcredit interest paid
debit interest expensescredit interest payable
debit interest receivablecredit interest income
debit interest receivablecredit interest income
[Debit] Tax paid [Credit] Cash / bank
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
interest allowed by bank
[Debit] Interest Receivable [Credit] Interest Income
[debit] Interest expense [credit]interest payable
Debit interest receivableCredit interest income
Debit interest on drawingsCredit interest payable / cash