[Debit] Interest Receivable [Credit] Interest Income
Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable
Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable
[Debit] Interest receivable on marketable securities [Credit] interest earning on marketable securities
If you actually received the cash then the entry would be Cash Interest Revenue if you haven't yet received cash and are recognizing the interest income.. Interest Receivable Interest Revenue
[Debit] Interest Receivable [Credit] Interest Income
Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable
Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable
[Debit] Accrued interest income [Credit] Notes payable
[Debit] Interest receivable on marketable securities [Credit] interest earning on marketable securities
If you actually received the cash then the entry would be Cash Interest Revenue if you haven't yet received cash and are recognizing the interest income.. Interest Receivable Interest Revenue
debit interest expense, credit interest payable for the accrued amount
debit bad debtscredit notes receivable
Journal Entry for Rent Received:[Debit] Rent Received[Credit] Cash/bankJournal entry for rent receivable[Debit] Accounts Receivable[Credit] Rent Receivable
Debit cash / bankCredit accounts receivable
[debit] cashcredit accounts receivable
debit cash receivedcredit accounts receivable