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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Accrued interest on investment will be shown - Accountancy

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Question

Accrued interest on investment will be shown

Options

  • On the credit side of profit and loss account

  • On the assets side of balance sheet

  • Both On the credit side of profit and loss account and On the assets side of balance sheet

  • None of these

MCQ
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Solution

Both On the credit side of profit and loss account and On the assets side of balance sheet

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Chapter 13: Final Accounts of Sole Proprietors - 2 - Multiple choice questions [Page 309]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 13 Final Accounts of Sole Proprietors - 2
Multiple choice questions | Q I 4. | Page 309
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