Accrued interest on investment will be shown __________.
A. On the credit side of profit and loss account
B. On the assets side of balance sheet
C. Both (a) and (b)
D. None of these
Answer:C
Accrued interest on investment will be shown __________.
A. On the credit side of profit and loss account B. On the assets side of balance sheet C. Both (a) and (b) D. None of these