What is meaning of accrued interest
This query is : Resolved
07 January 2025
Bank Account Dr.1,09,094
To Accrued interest 8642
To Interest Income 452
To FDR 1,00,000
Here what is meaning of Accrued interest
To Accrued interest 8642
To Interest Income 452
To FDR 1,00,000
Here what is meaning of Accrued interest
07 January 2025
In the referred case the accrued interest was compounded to FD principal in earlier year and not paid. On its maturity, current year interest is paid is 452/-while total amount paid along with principal & accrued interest + current year interest is 109094/-
07 January 2025
Sir ,
i just want to Know Accrued interest Rs.8642 ,
whether 8642 previous year income or other thing
i just want to Know Accrued interest Rs.8642 ,
whether 8642 previous year income or other thing
07 January 2025
previous income ....
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