How we record interest received in journal, ledger and trail balance?
If you give me the answer I will be thankfull from you...
Looking forward for your reply...

Debit Cash for the amount received
Credit Interest Revenue for the amount of interest received

Yah it rite... bt I write this answer n ma paper bt they consederd it wrong... n you opinion m rite or they?? n tnx for replying...

My journal entry from my previous post is correct, unless you omitted something.

For the ledger you will have to post your accounts from the journal to your individual account ledgers, so you would have to post a debit entry to the cash ledger on the day that the interest was received and also post a Credit to the Interest Revenue account ledger for the amount received.

Then you need to total all of your account balances and prepare a trial balance. I have attached a trial balance in Excel for you so you know what one looks like. It is a listing of your accounts with your balances and you add up the debits to get a total of your debits, and you add up your credits to get your total credits. By the way your total Debits should equal your total Credits.

Hmm... tnx a lot for answering again...