What is an Acrual Interest?
In which side of the Balance Sheet, it should be shown????
- 13 Answers
- 20022 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
Is interest of a business unit Operating Expense or Non Operating Expense
how to do the recurring entries or steps to follow that
Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?
WHAT IS THE DIFFERENCE BETWEEN SEND FOR APPROVAL (WITHOUT PARKING) AND ASSIGNMENT CORRECT IN MYSAP FI POSTING?
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
Define the word Profit in terms of business
i want the difference p&l a/c and Income and expediture statement
what is portfolio Saint?
What is dematerialisation and its benefits?
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
What are the general Ledgers?
