The interest that is __________ but not yet paid shall be shown under Current Liabilities and sub head ‘Other Current Liabilities.

Question

Fill in the blanks:

The interest that is __ but not yet paid shall be shown under Current Liabilities and sub head ‘Other Current Liabilities.

Answer 1

The interest that is accrued but not yet paid shall be shown under Current Liabilities and sub head ‘Other Current Liabilities.