What is the accrued interest & how the entry will be passed
for the same
Answer / moyahabo
it is the interest which is owed by te business so it is
still outstanding at the end of financial year. Taking from
the word 'accrue' it means it is accumulated interest.
| Is This Answer Correct ? | 3 Yes | 1 No |
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0 Answers Airtel, State Bank of Mysore SBM,
Payment made to creditors is a
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