A

Admin • 833.24K Points
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Q. Which account is credited when interest is earned but not yet received?

  • (A) Interest Received A/c
  • (B) Accrued Interest A/c
  • (C) Interest Outstanding A/c
  • (D) Interest Receivable A/c
  • Correct Answer - Option(A)
  • Views: 21
  • Filed under category Accounting
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Explanation by: Admin

Interest income is credited to the Interest Received A/c, even if not yet received.

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