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Excess balance Accured Interest

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(Querist)
10 May 2022 Dear Sir

Pls help me, how to adjusted Excess balance in accured Interest ledger due to wrong entry pass in earlier year.

If now we have to recitify the same.
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CA Puja Sharma

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CA Puja Sharma (Expert)
10 May 2022 Pass teh following journal:
Accrued Interest A/c Dr.
To Prior period expenses A/c Cr.

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