state gov Kerala (കേരളം) PSC Divisional Accountant Test Series 2025 Accountancy Receipts & Payment Account
On 1.4.2020,Good Health Club purchased 8% investments of ₹5,00,000. The 'Receipts and payments Account' of the club for the year ended 31.3.2022 showed interest received on investments 32,000 . This included interest received ₹2000 for the year ended 31.03.2021. The amount of accrued interest shown in the balance sheet of the club as on 31.3.2022 will be:
1
₹12,000
2
₹8,000
3
₹10,000
4
₹38,000