Section 71(4) in The Andhra Pradesh Municipalities (Preparation of Accounts) Rules, 2017
(4)The Register shall also indicate interest due and realizations on account of it from time to time. It should be ensured that the amounts due are realized on due dates and that there are no outstandings. In respect of interest accrued but not received at the end of the year, a journal entry shall be passed for accounting 'the interest amount under income'.Chapter - XVII Procedure for Accounting Deposits, Borrowings and Other Liabilities
