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What is the journal entry for interest income?

Anonymous

∙ 15y ago

Updated: 4/28/2022

If you actually received the cash then the entry would be

Cash

Interest Revenue

if you haven't yet received cash and are recognizing the interest income..

Interest Receivable

Interest Revenue

Wiki User

∙ 15y ago

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What is the journal entry to record accrued interest income?

debit interest receivablecredit interest income

Who should create the journal entry for interest income?

debit interest receivablecredit interest income

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 for interest receivable?

[Debit] Interest Receivable [Credit] Interest Income

Related Questions

What is the journal entry to record accrued interest income?

debit interest receivablecredit interest income

What is the journal entry for accrued interest income from an investment?

Debit interest receivableCredit interest income

Who should create the journal entry for interest income?

debit interest receivablecredit interest income

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 for interest receivable?

[Debit] Interest Receivable [Credit] Interest Income

What is the journal entry when a client owes interest?

Debit interest receivableCredit interest income

Journal entry for unearned interest income?

[Debit] Cash / bank [Credit] Unearned Interest Income

What is the journal entry for accrued for interest on certificate of deposit?

debit interest receivablecredit interest income

What is the journal entry for interest earned on a checking account?

Debit cash / bankCredit interest income

What is the journal entry for interest received on a state tax refund?

Debit cashCredit interest income

What is the journal entry for Interest due but not received?

debit interest receivablecredit interest income

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