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View Full Version : Making adjusting entries for a change in interest rates


purplejul
Aug 22, 2009, 07:47 PM
Hello:

I am trying to determine the correct adjusting entries to be made when interest rates change.

Thank you,

Julie

ROLCAM
Aug 23, 2009, 03:31 AM
Adjustments in Interest Amounts should be automatically picked up from the Bank Statements.
If any attempt is made in forecasting any
Changes, the real figures have to be adjusted to when revealed by the Bank.