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What is an Acrual Interest?
In which side of the Balance Sheet, it should be shown????

Answers were Sorted based on User's Feedback



What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / manish sharma

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 ?    41 Yes 1 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / vinod.r

Acrual Interest is the Interest which is receivable but it
should be treated as Asset side of the Balance.

Is This Answer Correct ?    17 Yes 3 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / sheraz hassan

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 ?    5 Yes 0 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / guest

ASSET SIDE

Is This Answer Correct ?    5 Yes 2 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / venkata subbaiah

Acrual interest is adjustment entry that is acrual interest
under Assest side sub under is loans and advancess

Is This Answer Correct ?    2 Yes 0 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / satish kumar maurya

It is earned in current year as a indirect income but not
receive at the end of financial year i.e. at the time of
accounting book closing. It's a adjustment entry and shown
in balance sheet in asset side as a current asset.

Is This Answer Correct ?    2 Yes 0 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / naveen

It should be shown in Assets side of the Balance Sheet....
It is an interest which might be recieved later....

Is This Answer Correct ?    4 Yes 3 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / suresh jagan

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 ?    1 Yes 0 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / swapnil

acrual int is the int. which is accrued but not due!!
i.e. for e.g. int. for the 6 months from jan. to june.
now int. will be received after 6 months i.e. it will be
due after june only! now int. from the period jan. to march
is called acrual int.

it is to be shown on assest side under the head current
assest!!!!!!!!!!

Is This Answer Correct ?    1 Yes 0 No

What is an Acrual Interest? In which side of the Balance Sheet, it should be shown????..

Answer / chalam

An Acrual interest is interest earned in corunt fincaal
year but not received till end of financial year.

It is shown in Asset side of Balance Sheet under Current
Assets.

Is This Answer Correct ?    1 Yes 0 No

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