Easy Office
Easy Office

Accrued Interest From GOI Bond received

This query is : Resolved 

11 January 2023 While at the time of purchase i booked accrued interest GOI Bond

Accrued interest from Government of india bond received
whether it should be transferred to interest income
Bank A/c Dr . 250000
To Accrued interest from GOI Baond 2,25,000
To Interest received 25,000
Now accrued interest from GOI Bond received ,
whether should be transferred to Interest Income.

11 January 2023 Yes, if not transferred to interest yearly.



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries