Accrual entry - Printable Version +- Accountancy Forum (https://www.accountancy.com.pk/forum) +-- Forum: The Profession (https://www.accountancy.com.pk/forum/forum-the-profession) +--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forum-accounting-and-audit) +--- Thread: Accrual entry (/thread-accrual-entry) |
Accrual entry - cdlkester - 08-19-2011 Hey, please help me with adjustment for this transaction for the period ended December 31, 2011. - Interest of 18% per annum of the 60,000 bank loan granted on December 11, 2011 has accrued. What should be the adjusting entry for the interest accrued and the amount? [?] |