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Question 
What is an Acrual Interest?
In which side of the Balance Sheet, it should be shown????
 Question Submitted By :: Joe
I also faced this Question!!     Rank Answer Posted By  
 
  Re: What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????
Answer
# 1		 
Acrual Interest is the Interest which is receivable but it 
should be treated as Asset side of the Balance.
 
Is This Answer Correct ?    2 Yes 0 No
Vinod.r
 
  Re: What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????
Answer
# 2		 
An Acrual interest is , the interest which was earned but 
not received to the end of financial year when we have to 
closed all account.  

It is shown in Asset side of Balance Sheet under Current 
Assets.
 
Is This Answer Correct ?    10 Yes 0 No
Manish Sharma
 
 
 
  Re: What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????
Answer
# 3		 
ASSET SIDE
 
Is This Answer Correct ?    1 Yes 1 No
Guest
 
  Re: What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????
Answer
# 4		 
It should be shown in Assets side of the Balance Sheet....
It is an interest which might be recieved later....
 
Is This Answer Correct ?    0 Yes 1 No
Naveen
 
  Re: What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????
Answer
# 5		 
Acrual Interest, is such an income which have been earned 
by the company but not yet received till end of the year. 
So that while posting accounting entery we will DEBIT the 
Interest Receivable as Asset while, will Credit Interest 
Income in Profit & Loss Account.
 
Is This Answer Correct ?    0 Yes 0 No
Sheraz Hassan
 
  Re: What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????
Answer
# 6		 
An Acrual interest is , the interest which was earned but 
not received to the end of financial year when we have to 
closed all account.  

It is shown in Asset side of Balance Sheet under Current 
Assets
 
Is This Answer Correct ?    0 Yes 0 No
Suresh Jagan
 

 
 
 
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