Accountancy, asked by bhandariprachanda22, 2 months ago

Interest due but not paid journal entries

Answers

Answered by likhitaryanp10
0

Since in the question, the interest is due but not received so we debit the accrued interest and credit the interest account.

Answered by seohyng
0

Answer:

Since in the question, the interest is due but not received so we debit the accrued interest and credit the interest account.

Explanation:

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