Accreud interst is interst payable that has not been paid yet: Double entry: Debit : Say Laon Interest Account Credit: Interest Payable Account Accrued Interest: This is the interest which we have earned but not yet received. Example: If there is a contract that we will receive the interest on money landed to somebody of $ 1200 at the end of the year then after 1 month we have earned the interest of $ 100 but not yet received so we will show that $ 100 in the asset side of balance sheet as accrued interest. The above is Accrued Interest Income. Similarly, you can have Accrued Interest Expense. So, using the above example, if you were the borrower, at the end of the first month you would debit Interest Expense for $100 and credit a liability account called Accrued Interest.
Accrued Interest: This is the interest which we have earned but not yet received. Example: If there is a contract that we will receive the interest on money landed to somebody of $ 1200 at the end of the year then after 1 month we have earned the interest of $ 100 but not yet received so we will show that $ 100 in the asset side of balance sheet as accrued interest. The above is Accrued Interest Income. Similarly, you can have Accrued Interest Expense. So, using the above example, if you were the borrower, at the end of the first month you would debit Interest Expense for $100 and credit a liability account called Accrued Interest.
Interest A\c Dr Accured debenture Cr
I=Prt I= 250*1*0.067 = 16.75
accured or occured...please specify
yizo
OCCURRED: took place or happened ("It occurred on the 4th of march.") ACCRUED : collected over a period of time, accumulated
sometimes if something accured there
It is the expense that you occured but didnt pay yet
What is accured Revenue
Earthquakes, tornadoes, hurricanes
The World war two; a devastating war :(
In lituya bay, Alaska. it was approximately 1720 ft
you mean 'Accrued' account, which means increased,or what you have added, saved.