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    JJohn's Avatar
    JJohn Posts: 0, Reputation: 1
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    #1

    Jan 8, 2011, 03:56 AM
    What is the entry for accured interest receivale on fixed deposit?
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    pready Posts: 3,197, Reputation: 207
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    #2

    Jan 8, 2011, 08:58 AM

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