Moratorium Period Interest

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2 Points Posted on 23 May 2021

How to account Moratorium period interest in the books of accounts???

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On 23 May 2021 at 11:30 Report
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Quick Summary
This discussion addresses how to properly account for interest accrued during a moratorium period in your company's books. It provides a specific journal entry example, debiting a 'Moratorium Interest A/C' and crediting the relevant 'Loan A/C'.

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Chartered Accountant
24588 Points Posted on 23 May 2021
Please elaborate in details
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On 23 May 2021 at 12:06
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2 Points Posted on 23 September 2021

Moretorium Interest A/C Dr.

         Loan A/c  Cr.

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On 23 September 2021 at 12:09

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