Question

Interest received Rs. 2,000 and accrued interest Rs. 500. Here accrued interest is (a) Expense (b) Income (c) Asset (d) Liability​

Answer 1

Express I am not the only one that I have to say right or do so with a lot to do but it doesn't matter what I think it's the best thing I am doing is a nutrition 66inches and Express it is the same way as the other one that is not a good thing and it in the fro the fro the from o God you know what I mean and Express I am not a good video of prime factors that are my own personal and the other is a great place for them and Express I am not the one that I have been to for the demoness

Answer 2

Answer:

Explanation:

IN THE CASE OF INCOME AND EXPENDETURE ACCOUNT ACCRUED INTREST IS SHOWN ON THE INCOME SIDE (CREDIT SIDE),THE CASE OF PROFIT AND LOSS ACCOUNT IT IS SHOWN ON THE CREDT SIDE AND IN BOTH CASE ACCRUED INTREST SHOWN ON THE ASSET SIDE OF ALANCE SHEET