Where should "Interest accrued but not due" & "Interest accrued but not paid" shown in the balance sheet as per Schedule VI. Also can any one plz send me a recent format Schedule VI to i.luv.smile @ gmail.com
Thanks & Regards
Radhee
Where should "Interest accrued but not due" & "Interest accrued but not paid" shown in the balance sheet as per Schedule VI. Also can any one plz send me a recent format Schedule VI to i.luv.smile @ gmail.com
Thanks & Regards
Radhee
Can you tell me what is the nature of expense for interest accrued but not due.
Interest accrued but not due: for debenture issued..than it has to be shown as liabiility in term loans/long term loans.
And the other is interest accrued but not paid: current liabilities.
CAclubindia
