Accountancy, asked by malikdavood, 19 days ago

journal entry for interest outstanding

Answers

Answered by falishaahamedf

Interest on loan Dr. To Outstanding interest payable. Yes, this will be shown in liabilities side. Corresponding assets will be your loan money and interest is reduced from capital account.

please mark me as brainliest

Previous Question

Next Question

Similar questions

English, 9 days ago

what was barely favourite pastime...

English, 9 days ago

Fill in the blank with appropriate proposition We left all our stuff _ the insects...

Physics, 9 days ago

which wind turbine can be easily tested...

English, 19 days ago

English grammar scientists/perish/this/earth/say/the/might/December...

Math, 19 days ago

thank you but I need step text explanation can you do this please the sum is in the class weight of students is measured for every class records calculate mean weight of the class students using assumed mean method weight weight in kg: 15-25,25-35,35-45,45-55,55-65,65-75 no.of.students:4,11,19,14,0,2...

Hindi, 9 months ago

मुख्यतः पत्र कितने प्रकार के होते हैं...

English, 9 months ago

write a insightful reflection paper on the nature of ICT in the context of their lives, society, and professional tracks(arts and tech voc, sports, academic)...

Math, 9 months ago

all r giving me wrong answer in last post see the rigth answer...

journal entry for interest outstanding​

Answers

journal entry for interest outstanding