Hi,
Can anyone tell me the difference between interest earned and interest received..
3 Replies
Suman Kumawat
(Article)
(612 Points)
Replied 26 February 2014
Earned is accrued matlab accrued but not yet received. Where as received is yu have actually received the interesr on cash basis or in anyother manner.
Suman Kumawat
(Article)
(612 Points)
Replied 27 February 2014
There is difference sir. How can yu say no difference!! Like when a company declares a dividend at that time it is earned annd when the company actually pays the dividend at that time it is received. So there is a great difference.
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