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The two transactions below show interest earned on two banks account, along with RWT deducted Write down the journal entries to record WHT deducted from
The two transactions below show interest earned on two banks account, along with RWT deducted
Write down the journal entries to record WHT deducted from both accounts
| transaction | description | Particulars | analysis code | credit | |
| 1 | Credit interest | $1.42 | Less W TAX | $0.47 | $0.95 |
| 2 | Credit interest | $34.43 | Less W/ TAX | $11.36 | $23.07 |
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
