Hi,
Can anyone tell me the difference between interest earned and interest received..
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Interest
Replies (3)
Earned is accrued matlab accrued but not yet received. Where as received is yu have actually received the interesr on cash basis or in anyother manner.
No differece !
There is difference sir. How can yu say no difference!! Like when a company declares a dividend at that time it is earned annd when the company actually pays the dividend at that time it is received. So there is a great difference.
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