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MPR Sanjay Kumar (2979 Points)

02 September 2022

What is mean by Cum interest and Ex interest in Accounting ,plse explain with examples......

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Sai Allu (754 Points)
Replied 02 September 2022

1. In case of cum interest quoted price includes the interest accrued up to the date of purchase whereas this is not included in case of ex interest.

2. In case of cum interest nothing is payable for interest accrued in addition to the quoted price whereas it is payable in case of ex interest.

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MPR Sanjay Kumar (2979 Points)
Replied 02 September 2022

Some examples ?? CLD u give me

CA Rashmi Gandhi (Chartered Accountant) (86220 Points)
Replied 02 September 2022

Cum interest means with interest and ex interest means without interest

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MPR Sanjay Kumar (2979 Points)
Replied 13 September 2022

@ Rashmi Gandhi CA Mam,thanks 😊 for your precious reply....

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