ACCURED INTEREST

Bank A/c Dr

Accrued iNterest dr

To Income from Investments

ENTRY AT THE TIME OF ACCURED INTERST

ACCURED INTEREST ON FD ETC (CURRENT ASSET)          DR

TO INTERST ACCURED BUT NOT RECD ( INCOME)

AT THE TIME OF MATURITY OR RECD OF ACCURED INTEREST

BANK A/C                                                             DR

TO ACCURED INTERST ON FD                CR

TO FIXED DEPOSIT  A/C                                CR.