Question
How do I record this adjusting item into the General Journal for Accounting? On 1 Jan 2018, the business deposited $27200 into a fixed reposit
How do I record this adjusting item into the General Journal for Accounting?
On 1 Jan 2018, the business deposited $27200 into a fixed reposit at ABC Bank. The interest offered was at 4% per annum and is paid once per annum. The interested earned on the $27200 has yet to be recorded
I have the Unadjusted trial balance for the month ending 31 Jan 2018 also.
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
