Interest on investment
Ajay R (Article student) (63 Points)
14 March 2017Ajay R (Article student) (63 Points)
14 March 2017
CA Janani
(ACA ACS DISA(ICAI))
(359 Points)
Replied 14 March 2017
By the tem you mean accrued interest, it means that you have been crediting the interest in profit and loss acount and taking to asset in the balance sheet.
So Rs 37323(-) accrued interest in balance sheet is the interest to be charged this year
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