Business, 02.06.2021 14:30 montgomeryaevans

For general journal 27 Ching Chong traders fixed deposit of R10 000 has matured. We Received a
cheque from ABC Bank for R12 000. R10 000 is the fixed deposit whilst R2000 is the
interest income we earned on the fixed deposit. The full amount of R12 000 was
incorrectly credited to the Fixed Deposit account. Correct the error.

Answers: 1

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For general journal 27 Ching Chong traders fixed deposit of R10 000 has matured. We Received a