Asked in Accenture
What is the entry of interest received in advance?
AnswerBot
1y
Entry of interest received in advance refers to the accounting entry made when a company receives interest income before it is earned.
Interest received in advance is recorded as a liability on the bal...read more
Chandan Chaubey
5mo
Bank a/c dr.
To interest a/c
Pankaj Kumar
1y
By Interest received a/c dr
To interest received in advance a/c cr
Pankaj Kumar
1y
Entry of interest received in advance refers to the accounting entry made when a company receives interest income before it is earned. Interest received in advance is recorded as a liability on the ba...read more
Esther Joshua
1y
Entry of interest received in advance refers to the accounting entry made when a company receives interest income before it is earned.
Interest received in advance is recorded as a liability on the bal...read more
Add answer anonymously...
Top Operations Analyst Interview Questions Asked at Accenture
Q. Define end-to-end process.
Q. What is depreciation and why do we charge depreciation?
Q. What is the accrual concept in accounting?
Interview Questions Asked to Operations Analyst at Other Companies
Stay ahead in your career. Get AmbitionBox app
Trusted by over 1.5 Crore job seekers to find their right fit company
80 L+
Reviews
10L+
Interviews
4 Cr+
Salaries
1.5 Cr+
Users
Contribute to help millions
AmbitionBox Awards
Get AmbitionBox app
Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2025 Info Edge (India) Ltd.
Follow Us
