not to be shown @ Balnce Sheet
only if interest is accured then under Current Assets in BS
WHEN YOU WILL TRANSFER PROFIT OR LOSS FROM P&L ACCOUNT THEN ITS EFFECT WILL AUTOMATICALLY COMES IN BALANCE SHEET.
ONLY ACCRUED AND UNEARNED PROFIT IS BEING SHOWN IN P&L ACCOUNT.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
