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What is the journal entry to interest on capital?

Anonymous

∙ 11y ago

Updated: 9/22/2023

[Debit] Interest on capital account xxxx

[credit] Capital account xxxx

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∙ 11y ago

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What is the journal entry for capital on interest?

interest on captial a/c dr To Partner's capital a/c

What is the journal entry for unsubscribe capital stock?

There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.

What is the journal entry for additional capital bought to business by partner?

the Journal entry for Additional capital brought to business partner Capital A/c Dr. To Partner Capital A/c

What is the opening journal entry for paid up capital?

capital

What is the journal entry to interest receivable?

debit interest receivablecredit interest income

Related Questions

What is the journal entry for capital on interest?

interest on captial a/c dr To Partner's capital a/c

What is the journal entry of interest on capital 5 percent pa for a month?

o.5

What is the journal entry of interest on capital of Rs 50000 10 percent?

[Debit] Interest on Capital 5000 [Credit]Cash/Bank 5000

What is the journal entry for unsubscribe capital stock?

There is no journal entry for unsubscribed capital as this is that portion of capital which is company has offered to shareholders for purchase but nobody has purchased that capital so no transaction incurred and hence no journal entry required.

What is the journal entry for additional capital bought to business by partner?

the Journal entry for Additional capital brought to business partner Capital A/c Dr. To Partner Capital A/c

What is the opening journal entry for paid up capital?

capital

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 will be the journal entry when interest allowed by the bank?

interest allowed by bank

What is the journal entry of interest paid?

Debit interest expenseCredit cash

What is the journal entry of accrued interest?

[debit] Interest expense [credit]interest payable

What is the journal entry when a client owes interest?

Debit interest receivableCredit interest income

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