I have an doubt in the lecture of “Financial instruments amortised cost

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July 29, 2023 at 4:58 am #689077
Talkativejerk
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Hi,

In the lecture video you have debited interest and credited interest receivable. isn’t interest receivable an asset and you have said that it comes under spl. Kindly clarify.if wrong kindly give me a proper journal.

thanks in advance
July 30, 2023 at 9:06 pm #689160
P2-D2
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Hi,

It is probably just a slip of the tongue. The receivable is on the SFP.

Thanks
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