Poonawalla fincorp
Poonawalla fincorp

Nsc maturity

This query is : Resolved 

14 July 2018 DEAR SIR,

NSC PURCHASE ON 10/04/2013 (5000*50)=665000/- THAT TIME I SHOWN IT UNDER INVESTMENT HEAD IN BALANCE SHEET . AFTER MATURITY I RECEIVED WITH INTEREST 1013158/- INTEREST AMOUNT OF RS. 348158/- .

WHAT IS THE ENTRY & WHERE I SHOW THE MATURITY AMOUNT PL & BS.

15 July 2018 Accrued interest to be capitalised yearly. Credit to profit and loss account debit to accrued interest as current asset



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