If ALLL accounts for accrued interest, for prior periods you can debit the ALLL, credit accrued interest, but uncollected.
View page
debit interest expense, credit interest payable for the accrued
amount
View page
Accrued interest is obtained when the payment is received to the
borrower. When the payment is received, interest is then realized
and deposited into your account.
What is the implication of political budgeting to national budgeting
The steps involved in the certification process for a Certifying Officer include
The financial management board fmb and the financial working group fwg implement a quarterly phased plan that allows the fma office to distribute funds to