... account on 1st April. What would be the accounting entries in the books of the bank?
Select one:
a. Rohit's account will be debited.
Interest expense account will be credited.
b. Rohit's account will be credited.
Interest expense account will be debited.
c. Rohit's account will be debited.
Cash account will be credited.
d. Rohit's account will be credited.
Cash account will be debited
Rohit has an account with YMC bank. The bank pays the monthly interest on the deposits, to his?
- Posted:
- 3+ months ago by Eswar1
- Topics:
- book, bank, 1st, interest, april, account, books, accounting, deposit
Details: