Whenever the bank mails a credit memo to the depositor indicating the amount of interest credited to the account, the transaction that would be entered in the accounting records of the depositor would include

debiting Cash and crediting Interest Earned.

Explanation:

In the case when the interest is credited so the transaction that could be entered in the records of the accounting of the depositor would be involves by debited the cash and crediting the interest earned.

The journal entry is shown below:

Cash Dr  

        To Interest Earned

(Being interest earned is recorded)

Here cash is debited as it increased the asset and interest earned is credited as it increased the revenue

the aksumite empire was an ancient kingdom located in what is now northern ethiopia from the period of 100 ad to 940 ad. its capital was the city of aksum. the kingdom established itself as one of the 4 great powers at its time, along with persia, rome, and china.

the kingdom was rich in goods like gold, iron, and salt. it established strong commercial ties with the regions governed by rome, egypt, and persia (arabia). aksum was a key location in this commercial network. trade was also facilitated with the introduction of the aksumite currency.

the branch of biology that deals with the normal functions of living organisms and their parts.

the way in which a living organism or bodily part functions.