Accountancy, asked by stylishchaitu3510, 6 months ago

Interest due on investment rs 2500 was not recorded in the book

Answers

Answered by Hemalathajothimani

Explanation:

Interest on investment, if it is an item of adjustment will be shown at two places. These places will be credit side of profit and loss account and the assets side of the Balance sheet, where it will be added to the value of investment, appearing in the Trial balance.

Previous Question

Next Question

Similar questions

English, 3 months ago

Books are man's best companions in life ( positive)...

Math, 3 months ago

In which quadrant is the position of the point (2, -2)?

Math, 3 months ago

write 6+6+6 as multiplication...

Science, 6 months ago

एक ग्रे कपड़ा एक परिसज्जित कपड़े से किस प्रकार भिन्न है? 1...

History, 6 months ago

what are the materials used to makje the objects of archaology...

Physics, 10 months ago

70 cm hg pressure=__________ Pascal...

Biology, 10 months ago

list out the maintenance process in living organisms ...

Physics, 10 months ago

The physical quantity p is related to 4 observable.a,b,c and d as follows p=a×a×a×b×b÷ root of c×d.then % error of measurement r In a,b,c and d are 1%,3%,4% and 2% respectively what is the % error in p?