A/c s query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2011
what is meant by accrued and what is mean by interest accrued but not due , what is mean by interest earned but not recieved pls any one solve my query.
17 August 2011
interest accured is the interest "payable" for the period, but not paid in real, but added to the principal.
interest accured but not due, means the interest is added to the principal and is payable on maturity date.
interest accured but not due, means the interest is added to the principal and is payable on maturity date.
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