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-   -   What is the entry for accured interest receivale on fixed deposit? (https://www.askmehelpdesk.com/showthread.php?t=541800)

  • Jan 8, 2011, 03:56 AM
    JJohn
    What is the entry for accured interest receivale on fixed deposit?
  • Jan 8, 2011, 08:58 AM
    pready

    Debit Interest receivable for the amount of interest earned
    Credit Interest Revenue for the amount of interest earned

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