Accountancy, asked by adreeja1710, 1 year ago

Interest accrued on investment come on which side of revaluation account

Answers

Answered by sachinarora2001
6

 \color{hotpink} \bf{interest \: accured \: is \: the \: income}

and nature of income is credited .Hence interest accrued on investment is shown on the right i.e credit side of the revaluation account.

In finance, accrued interest is the interest on a bond or loan that has accumulated since the principal investment, or since the previous coupon payment if there has been one already.

Hope its helps u all ☺️✌️

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