Interested to Buy Any Domain ? << Click Here >> for more details...
What is an Acrual Interest?
In which side of the Balance Sheet, it should be shown????
- 13 Answers
- 25186 Views
- ABC, ICAI, I also Faced
- E-Mail Answers
Answer Posted / 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 |
Post New Answer View All Answers
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
What is re-financing in Letter of Credit settlement
1.how can carry forward the balance of ledgers to the next financial year in tally erp 9
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
what is Contra Asset?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
how to entery pass in tally when items damage(items insured)and claim to insurance co.
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
differnce between the 4.7 & 6.0 versions?
what are the important steps to take during the conversion of an accounting system.
What is the Assets & Liabilities?
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
Example for extra ordinary expenditure?
what do u mean by single error and double error in accointing errors?
