1) Accrued Interest A/C...Dr.
To Interest received A/C
( Being interest not yet received)
2) Salary A/C ...Dr.
To Outstanding Salary A/C
(Being salary provided for the last month)
3) Interest Paid A/C ...Dr.
To Outstanding Interest A/C
( Being interest not yet paid)
4) Depreciation A/C ...Dr.
To Building A/C
(Being depreciation … Read more