Accounting treatment of Twice Interest accrued received on Bonds
This query is : Resolved
11 January 2023
how to treat twice received interest accrued received on bonds.
11 January 2023
Keep it under liability, it has to be paid back when asked for.
11 January 2023
sir,
my question is that twice interest accrued received from bond
should transfer to interest income
my question is that twice interest accrued received from bond
should transfer to interest income
11 January 2023
Yes, transfer it to interest income if it's rightly received.
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