Accounting for interest charges
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 April 2018
Is it OK to account interest charge for the month of march 2017 on 01/04/2017?Is it necessary for a due entry to be posted in march itself?
30 April 2018
If mercantile/accrual system is followed regularly, then pass due entry.
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