How To Pass Accured Interest

592 views 6 replies
Hello Good Evening Everyone
sir mujhe Accured interest ke entry karne hai toh yeh kaise hogi balance sheet mein aur jo jo entries hogi vo balance sheet mein kaha kaha jayegi kis ke under mein jayegi
please everyone kuch example ke throw samjh dijiye.
Thank you in advance for everyone.
Replies (6)
Accrued interest A/c Dr
To Interest A/c Cr
( Interest accrued)

Accrued interest A/c Asset side Balance sheet
Interest A/c under Indirect Income P &L A/c .
Sir apne yeh entry jo bataye hai yeh interest due karne ki entry bataye hai kya
agar aapne yeh entry due hone ki bataye hai
toh iske aage ki entry kya hogi
please explain me with example
i have small request to you
When you receive actual interest in the next period entry will be.

Cash / Bank A/c Dr
To Accrued interest A/c Cr
( Accrued interest received) .
Accrued interest if considered as an income is an income. It will be added to fixed deposit .
@ Sabyasachi Mukherjee
It has been not clarified by the quriest, what type of interest. it is ?.

Of course, my education in indas has different version

For inflow

Dr. Receivables 

Cr. Finance income 

For outflow

Dr. Finance costs

Cr. Payables

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register