Journal entry for accrued interest

Assignment Help Accounting Basics
Reference no: EM13976751

Investment of Rs. 10,00,000 made in the year 2009 @10%. What will be Journal entry for accrued interest. Whether TDS to be deducted on accrued interest. Please show me journal entries from the year 2009. In between there is no sale of investment..?

Reference no: EM13976751

Questions Cloud

Committed or assigned net resources : Prepare Closing entries for year-end.Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the Special Revenue Fund. Prepare a Balance Sheet, assuming there are no committed or assigned net resources.
Define personal image and define maintaining professionalism : Define personal image and discuss why maintaining professionalism while on the job and after hours are important. Give at least two examples of ways health care providers exhibit professionalism in practice.
Economy probability of state of economy stock : A portfolio consists of 20 percent Stock A, 50 percent Stock B, and 30 percent Stock C. What is the portfolio expected return given the following: State of Economy Probability of State of Economy Stock A Returns Stock B Returns Stock C Returns
Analyze the spectrum of health care facilities : For the next newsletter, you have been asked towrite a 900 word article about the spectrum of health care facilities. In your article: Analyze the spectrum of health care facilities that exist in the U.S. Analyze the purpose and goals of each of the..
Journal entry for accrued interest : Investment of Rs. 10,00,000 made in the year 2009 @10% . What will be Journal entry for accrued interest. Whether TDS to be deducted on accrued interest. Please show me journal entries from the year 2009. In between there is no sale of investment...
Analysis of the codes of conduct : Explain how the 6 principles relate to those identified in your analysis of the codes of conduct of the 3 chosen companies. Prepare a recommended list of at least 7 essential elements that must be included in your organization's code of conduct ba..
Future values of a cash flow stream : An investment will pay $100 at the end of each of the next 3 years, $250 at the end of Year 4, $350 at the end of Year 5, and $550 at the end of Year 6. If other investments of equal risk earn 10% annually, what is its present value? Round your answe..
Additional positive cash flows be ascribable : You are contemplating the purchase of a one-half interest in a corporate airplane to facilitate the expansion of your business into two new geographic areas. If negative, what additional annual cash flows would be needed for the NPV to equal zero? To..
Calculate magnitude of the difference between the frequency : Calculate the magnitude of the difference between the frequency of the emitted wave and the wave that returns to the police car after reflecting from the speeder's car.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Localization implementation options

Get a clear understanding of the (LIO) Localization Implementation options events that would trigger testing What type of testing is required manual/automated?

  Effect on company overall net operating income

Further investigation has revealed that $144,000 of the fixed manufacturing expenses and $93,000 of the fixed selling and administrative expenses are avoidable if product U23N is discontinued. What would be the effect on the company's overall net ..

  The advantages and disadvantages of in house developed

What are the advantages and disadvantages of in house developed software?

  X was interesting in ivesting in bonds and on 010112

x was interesting in ivesting in bonds and on 010112 purchased 10 bonds dated january 1 2012. these bonds had a face

  Why is the gaap concept of objective measurement paramount

1. why is the gaap concept of objective measurement paramount in understanding asset valuation?2. describe

  When does a fund need to register with the sec

Under current U.S. laws, when does a fund (and its advisers) need to register with the SEC?

  Chacon university potential problems in an erp

Chacon University potential problems in an ERP implementation.

  Determine true cash balance by preparing bank reconciliation

Determine the true cash balance by preparing a bank reconciliation as of June 300, 2012, using the preceding information.

  Politicalization of accounting standards

The original formation of accounting organizations came from the need to be more organized, with standards that would be followed by all companies with the idea of protecting the business and the stockholder.

  The accounts of coyote corporation for 2014

The accounts of Coyote Corporation for 2014 .

  The city orders a fire truck estimated to cost 140000 the

the city orders a fire truck estimated to cost 140000. the fire truck arrives with an invoice of 138000. a voucher is

  What compliance techniques may usaco employ

USAco, a domestic corporation, forms a Canadian subsidiary, CANco, to distribute USAco's widgets in Canada. USAco sells widgets to CANco for resale in Canada, provides CANco with USAco's unique distribution software, and provides the use of USAco'..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd