Question

interest accured on investment 200​

Answer 1

Answer:

Yes! Here is your answer!

Explanation:

Accrued interest, or interest balance, is interest that an investment is earning, but that you have not collected yet. In a savings account, for example, interest on your balance accrues every day, but is only credited to your account at the end of the month.

Answer 2

Explanation:

Accrued interest income journal entry example: A business earns interest on deposits, but this is not received .

business earns interest on its money deposits of 1,000 but does receive the amount into its bank account until after the month end. As the income has been earned but not received, it needs to be accrued for in the.month end accounts.

Accounting Equation – Accrued Income

The accounting equation, Assets = Liabilities + Owners Equity means that the total assets of the business are always equal to the total liabilities plus the equity of the business. This is true at any time and applies to each transaction.