Question
On 1 Jan 2020, the business deposited $38600 into fixed deposit at B Bank. The interest offered was 8% per annum and paid quaterly. the
On 1 Jan 2020, the business deposited $38600 into fixed deposit at B Bank. The interest offered was 8% per annum and paid quaterly. the interest on $38600 has yet to be recorded. How to write it in general journal?
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Accounting and Finance An Introduction
Authors: Peter Atrill, Eddie McLaney
8th edition
129208829X, 1292088297, 978-1292088297
