Accrued interest entries

Ravishankar K (Accountant) (461 Points)

02 May 2012  

Dear Friends , 

 

I am cracking my mind but not able to get the exact accounting entries. Can you please look at the bank accrued interest amount and the actual interest received so that the difference can be booked as accrued interest. Please do take a look and advise me as to what should be the entries. 

 

Regards,

Ravi ravi.exe @ gmail.com