Interest received from bank in is shown as ........

General Accounting Principles Concepts of Accounting

Interest received from bank in is shown as

Cr side of bank column

Dr Side of bank column

Cr side of cash column

None of the above

Interest received from bank is shown as Dr Side of bank column of cash book. The rule is Debit what comes in credit what goes out

Submit Error

as per accounting ... dr side but as per bank passbook show cr side

CR what comes in and Dr what goes out.

Ankur sharma

Dr what comes in & credit what goes out is the rule. in cash book which a ledger all receipt are debited.

interest recieved from bank ie what ever comes in dr : int db and bank real a/c : giver : cr.

On credit side of bank column

NIHARIKA WALIA

no.. in cash book it is shown on the debit side as it is the receipt side