shraya
Mar 22, 2012, 10:34 PM
Please reply soon just to clear my douts
pready
Mar 23, 2012, 11:04 AM
Debit Cash for 1,000
Credit Interest Revenue for 1,000
shraya
Mar 24, 2012, 10:10 AM
Hi,
Thanks for reply. But why here cash debited why not bank ,please ans
pready
Mar 26, 2012, 10:09 AM
A cash increase to a company is a debit (your Company), while a cash decrease will be a credit (Bank).