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What is the journal entry to record accrued interest income from bonds?

Updated: 9/14/2023

Wiki User

∙ 15y ago

Best Answer

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable

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∙ 15y ago

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Continue Learning about Accounting

What is the journal entry to record accrued interest income?

debit interest receivablecredit interest income

What is the journal entry to record accrued interest on a mortgage?

(debit) interest income (credit) (debit) interest income (credit)

What is the journal entry to record accrued interest expense?

Debit Accrued Interest Expense Credit Accrued Interest Payable

What is the journal entry to record accrued interest?

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable

What is the journal entry to record payment of accrued interest?

[Debit] Interest expense xxxx [Credit] Interest payable xxxx [Debit] Interest payable xxxx [Credit] Cash / bank xxxx

Related questions

What is the journal entry to record accrued interest income?

debit interest receivablecredit interest income

What is the journal entry to record accrued interest income from note receivable?

[Debit] Accrued interest income [Credit] Notes payable

What is the journal entry to record accrued interest on a mortgage?

(debit) interest income (credit) (debit) interest income (credit)

What is the journal entry to record accrued interest expense?

Debit Accrued Interest Expense Credit Accrued Interest Payable

What is the journal entry to record accrued interest?

Dr. Interest Receivable Cr. Interest Income When Collected. Dr. Cash in Bank Cr. Interest Receivable

What is the journal entry to record an accrued commission?

debit commission receivablecredit commission income

What is the journal entry to record payment of accrued interest?

[Debit] Interest expense xxxx [Credit] Interest payable xxxx [Debit] Interest payable xxxx [Credit] Cash / bank xxxx

WHAT is the journal entry to record yearly accrued insurance exp?

debit accrued insurance expensecredit insurance payable

What would the journal entry be to record an accured revene?

[Debit] Revenue receivable [Credit] Accrued revenue

What is the journal entry to record an accrued exp?

debit: expense account credit: account payable (vendor)

What is the journal entry to record interest expense not yet paid?

debit interest expensescredit interest payable

What is the journal entry to record interest on a loan?

Journal Entry:Interest on loan a/c xxxxLoan a/c xxxx

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