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General Journal - Interest on Fixed deposit - Coggle Diagram
General Journal - Interest on Fixed deposit
14
General Journal
Description => Interest on fixed deposit
Debit => R108
Reference => GJ1
Contra always 0 because GJ is written over 2 lines
Account => Fixed deposit => 6400
Next line
Fixed deposit => GL => G
Date => 31 march 2016
Select date => 31 March 2016
G
Select month => March 2016
Account => Interest on fixed deposit => 1500
07 - General Journal
Credit => R108
Process => Journals
Contra => 000
Fixed deposit (Asset) => Debit (+) 108
Interest on fixed deposit (Income) => Credit (+) 108