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Answer Posted / h.s.sarda
If fd is made for 2 years, interest is rs. 2000/- for 2
years. acutually recd. after maturity of 2 years. But at
the time of closing for 1st year, we have to record rs.
1000/- as a interest receivable.
| Is This Answer Correct ? | 3 Yes | 3 No |
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