Debit cash
Credit interest income
debit interest receivablecredit interest income
[Debit] cash / bank [credit] interest on bond
Debit refund accountCredit cash / bank
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
debit cashcredit interest on investment
A journal entry for a tax refund should include the amount of the refund received, the date it was received, and the account it is being deposited into. It should also note any relevant tax codes or references for tracking purposes.
debit interest receivablecredit interest income
To create a journal entry for recording an income tax refund, debit the cash account for the amount of the refund received and credit the income tax refund account. This will accurately reflect the increase in cash and the corresponding decrease in the income tax refund liability.
[Debit] cash / bank [credit] interest on bond
Debit refund accountCredit cash / bank
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
debit cashcredit interest on investment
no entry when invoices received, journal entry made when transaction occured and not when invoices received.
[Debit] Interest receivable on marketable securities [Credit] interest earning on marketable securities
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.
Debit cash refundCredit expenses
Cash a/c to debtors a/c