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How do you make journal entries on provision on interest on fixed deposit?
To make a journal entry for provision on interest on fixed deposit, you would debit the Provision for Interest on Fixed Deposit account to recognize the expense and credit the Interest Income account to reduce the income earned on the fixed deposit. This adjustment ensures that the financial statements reflect the estimated liability for future interest payments accurately.
What is the journal entry for donating fixed asset?
debit donationcredit fixed asset
Advantages and disadvantages of fixed income securities?
what are the advantage and limitations of fixed income securities
need a cheap dentist on a fixed income.?
need a cheap dentist on a fixed income.
Journal for Accrued income?
[Debit] Accrued income receivable [Credit] Accrued income
When was Journal of Sociology created?
Korean Journal of Sociology was created in 1964.
When was Journal of Communication created?
Journal of Communications was created in 2006.
When was Transportation - journal - created?
Transportation Journal was created in 1961.
When was Library Journal created?
Library Journal was created in 1876.
When was The Journal of Portfolio Management created?
The Journal of Investing was created in 1992.
When was The Journal News created?
The News Journal was created in 1785.
What is the journal entry for net income?
No journal entry for net income it is the difference between total expenses and total revenue and it is the balancing figure
