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Interest of rs. 1400 was charged …

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Interest of rs. 1400 was charged by bank

    • Posted by Puneet Daliya 6 years, 3 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Neelima Maurya 6 years, 3 months ago

    Intersest charged A/C......Dr To Bank A/C ( Being: The interest charged by bank) Explaination: When excess money withdraw from bank then bank charges interest and this amount is our expense and also reduces the bank balance.

    0Thank You

    Kritika Sharma 6 years, 3 months ago

    Interest charged A/c. Dr. 1400 To bank. A/c. 1400

    0Thank You

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