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(Querist)
10 June 2010 Sir,

Please Say Me what is the group for accrud interest
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
10 June 2010 It shall be shown under Current Assets in Balance Sheet.
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Kaustuv

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Kaustuv (Expert)
14 June 2010 I guess its interest payable. Then if its accrued and due, club with Secured/Unsecured loan whichever it pertains to. For interest accrued but not due, show this as part of current liabilities.
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