Question 112
Accountancy
2022
Medium
MCQ
+5.00 marks · -1.00 negative
The following information below is related to an NPO:
Receipts | Amount (₹) | Payments | Amount (₹)
To interest on Investments | Nil | By 8% Investments [01-10-18] | 60,000
If the firm closes its accounts on 31st March every year, what amount of accrued interest on investments will be shown in the Balance Sheet of the firm on 31-03-19?
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