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cynthia98
May 23, 2007, 07:24 AM
Interest earned on saving account, but not recorded what is the journal entry

boarguello
May 23, 2007, 02:25 PM
Db Savings Account (assets Account)
Cr Interest Income (revenue Account)

bunnyKutty
May 23, 2007, 06:50 PM
Db Interest receivable (current asset account)
Cr Interest income account (revenue account)