[Debit] Accrued interest income
[Credit] Notes payable
[Debit] Accrued income receivable [Credit] Accrued income
Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable
[Debit] Accrued income receivable [Credit] Accrued income
[Debit] Accrued income receivable [Credit] Accrued income
Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable
debit interest expense, credit interest payable for the accrued amount
[Debit] Interest Receivable [Credit] Interest Income
debit interest receivablecredit interest income
Debit interest receivableCredit interest income
debit interest receivablecredit interest income
debit interest receivablecredit interest income
income receivable