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• # 78942
• Mon 30 Jan 2012 12:51 PM

Hi!

Having a brain block here - reconciling bank statements with the accounts. I am updating the accounts with information from the bank statements. Is anyone able to clarify for me the correct double entry required for bank interest received?

Any help gratefully received!

Thanks,

Vanessa

• Vanessa
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• # 78944
• Mon 30 Jan 2012 01:19 PM

Hi Vanessa,

That would be;

DR Bank
CR Bank Interest Received

Regards

Kerry

• www.berrybookkeeping.co.uk
  
  My responses are based on my opinions, not necessarily facts.
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• # 78945
• Mon 30 Jan 2012 01:41 PM

>
> Were you asking about the basic entry (given correctly by Kerry above), or
> about where in the P&L/BS it would appear?
>
>

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• # 78949
• Mon 30 Jan 2012 02:40 PM

Hi!

Thanks both - Kerry's response clarifies this for me.

Best wishes.

• Vanessa
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