06-03-2009, 02:19 PM
2 Investement a/c (debit)cash a/c(credit)
3 i think the question is received return on direct deposit, the entry will be, if not recorded in cash book (bank column)bank a/c debit and interest or dividend a/c credit
2nd mention above is wrong. when you make payment then account payable debit and bank/cash credit.
3 i think the question is received return on direct deposit, the entry will be, if not recorded in cash book (bank column)bank a/c debit and interest or dividend a/c credit
2nd mention above is wrong. when you make payment then account payable debit and bank/cash credit.
