Interest earned on money deposited in bank should be ___. Options: A . &nbspCredited to Interest account B . &nbspCredited to bank account C . &nbspDebited to Interest account D . &nbspNone of the above

Interest earned on money deposited in bank should be __

Question

Interest earned on money deposited in bank should be ___.

Options:

A . Credited to Interest account

B . Credited to bank account

C . Debited to Interest account

D . None of the above

Answer: Option A
:
A
Interest account is credited in case of interest earned on money deposited in bank.

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