What is an Acrual Interest?
In which side of the Balance Sheet, it should be shown????

Answer Posted / suresh jagan

An Acrual interest is , the interest which was earned but
not received to the end of financial year when we have to
closed all account.

It is shown in Asset side of Balance Sheet under Current
Assets

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the due date for filing monthly & annual sales tax returns in karanataka

3231


HOW TO MAINTAIN BANK A/C

1634


The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

1660


while i creating a main asset master there is a error called process being terminated? pls send the solution

1702


what is buy bach shares?

1634






After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP

1934


Indian Iran Gas pipeline

1702


What is PE ratio formula ?

1858


Expand--------AA

1594


all of interview question about coop bank of oromia

750


Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1430


How shall I calculate the true profit of my business, as I am a layman for accounting.

1553


Short Answer on _________Business

1601


How do you set the increment point in appraisal of salaries. It becomes so difficult for the employer to hear again and again about increment

1610


what is Calculation of Gross Profit Or Gross Loss?

1757