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what is nature of interest of cash credit and overdraft,
is revenue expenses or capital expenses.
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whether interest on car loan treated as revenue expenses or capital expenses.
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whether these entries are correct
For Making FDS
(1) FDs A/c Dr
To Bank Account
(2) on Accrued interest on FDs
FDs A/C Dr
TDS Receivable A/C Dr.
To Interest income on FDs
Accrued interest added in principal amount
and reeving on principal amount and interest
Bank A/C Dr
To FDs A/C.
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whether interest on PPF accrued to be added year wise in principal amount until PPF is not received. and whether interest on PPF is taxable year-wise.
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whether dividend payable on right issue and bonus share also
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what will be the journal entry of dividend receivable.
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what is meaning of
Interest accrued and Due
Interest accrued but not due
and what is accounting group for above mention the both term.
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what is meaning of merging of expenses or income in accounts or assets or liabilities.
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what is meaning of mismatch of group in accounting.
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is receivable or recoverable same thing, is current assets.
Interest on CC or Overdraft