Canada looking for help for term deposit question

[qiqi qiu]

Hi Guys, first time here. I am seeking for help. I am new to the company as a bookkeeper and no one train me. My company has a cheqing account and term deposits account. Here is my quesion, the boss trfd 400018.56, which is term deposits with interest, to the chequeing account, then purchase another 600000 term deposits. how can i do the journal entries. ESPECIALLY, where does the interest go?

thanks for help

 

[kirby]

Assume the odd amount of $18.56 is the interest earned on $400,000.00
then
DR Checking Acct $400,018.56
CR Term Deposit Acct $400,000.00
CR Interest earned 18.56

new deposit :
DR Term Deposit Acct $600,000.00
CR Checking Acct $600,000.00