Cambodian definition, of, relating to, or characteristic of Cambodia, its people, or its culture. See more.
Outstanding Principal Balance The outstanding principal balance of a mortgage is simply the total amount of money it would take to pay off the loan in full. How much this amount is depends on how much was originally borrowed, how much has been paid down, and what the annual interest rate is.
The interest amount will be added to the deposit account when the interest is payable on maturity along with principal amount The interest amount will be credited to the operative savings account when the interest is payable on quarter basis and the principal is only paid on maturity to the depositor. As such, interest payable (Interest paid) will never appear in the balance sheet