Q$\mathrm{.}3\mathrm{.}3$

Interest charged on a debtor's overdue account will be entered in the general ledger accounts as follows:

$(1)$

$($a$)$

Debit Bank; credit Interest income

$($b$)$

Debit Debtors control; credit Interest income

$($c$)$

Debit interest income; credit Debtors Control

$($d$)$

Debit Debtors control; credit interest income and VAT

$($e$)$

None of the above