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

Answer Posted / chalam

An Acrual interest is interest earned in corunt fincaal
year but not received till end of financial year.

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

duties of bank finance manager

1783


Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1837


Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance

1556


i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............

2007


Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com

1585






what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?

1863


give the examples of Error of Duplication?and Error of compensatin? with entries

4013


what is mean by ledger

3063


what is corporate accounting?

1565


difference between vat 47 & vat 49

2710


define fixed assets

1447


Distinguish capital and Revenue receipts

1760


plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com

1516


A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty

1445


2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty

1493