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What is the journal entry to pay the interest on a loan?

Debit interest on loanCredit cash / bank


Journal entry for unearned interest income?

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


What is the journal entry for received semiannual interest on bonds?

[Debit] cash / bank [credit] interest on bond


Journal entry for the interest on a fixed asset purchase?

Debit fixed assetdebit interest expenseCredit cash /bank


What is the journal entry for paying a notes payable and interest?

Debit notes payabledebit interest expenseCredit cash /bank


How do you pass journal entry if company take t he loan from bank includes interest?

debit bank accountcredit loan from bankwhen interest incurreddebit interest on loancredit loan from bank


What is the journal entry for bond purchase with accrued interest?

Debit bondsDebit interest accruedCredit cash / bank


What is the journal entry to record accrued interest?

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable


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 to record accrued interest income from bonds?

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable


What is the journal entry for deposit to bank account for beginning a business?

Journal entry for opening a bank account


What is the journal entry to record payment of accrued interest?

[Debit] Interest expense xxxx [Credit] Interest payable xxxx [Debit] Interest payable xxxx [Credit] Cash / bank xxxx