Easy Office
LCI Learning

Accrued interest

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 April 2010 Fixed Deposits Accrued Interest is covered under Current Assets or under Loans & Advances in Balance Sheet.
Profile Image

CA. BIJENDER KR. BANSAL

Profile Image

CA. BIJENDER KR. BANSAL (Expert)
17 April 2010 UNDER CURRENT ASSETS.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
17 April 2010 Schedule V1 is silent on this issue. But as per my understanding it should be shown in current assets under the head bank balances.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

CA Ashok Kumar Sahu

Profile Image

CA Ashok Kumar Sahu (Expert)
17 April 2010 AGREED, UNDER CURRENT ASSETS
Profile Image

CA Ravi Sisodia

Profile Image

CA Ravi Sisodia (Expert)
17 April 2010 Fixed Deposits Accrued Interest is covered under Current Assets.
Profile Image

kartik_somu

Profile Image

kartik_somu (Expert)
18 April 2010 agree with experts

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links