Answer: I. Accrued interest is added to the buyer's confirmation
II. Accrued interest is added to the seller's confirmation
Explanation:
Accrued interest is the amount of interest incurred on a loan at a particular date which has not been paid out yet. To the lender, it's a form of revenue and to the borrower, it's an expense.
Therefore, an accrued interest is added to the buyer's confirmation and also added to the seller's confirmation.
