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⟩ What is the treatment for accrued income l expenses in accounting?

Accrued Income- Dr. Accrued Interest Receivable

Cr. Interest Income

at the time of Interest posting: Dr. Customers Account

Cr. Accrued Interest Receivable

Accrued Expenses- Dr. Interest Expenses

Cr. Accrued Interest Payable

at the time of Interest posting: Dr. Accrued Interest Payable

Cr. Customers Account

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