MAYOKA TRADERS EXTRACT FROM THE LIST OF BALANCES AS AT $28$ FEBRUARY $2024$

$\backslash$table$[[,$R$],[$Fixed deposit: TLB Bank $(15\%),750000],[$Interest on fixed deposit,$56250]]$

Additional information

On $1$ June $2023,$ Mayoka Traders invested money in a three$-$year fixed deposit account with TLB Bank at $15\%$ interest per annum. The interest is payable quarterly. Account for any outstanding interest.

Required

Using the information given, show the disclosure of the fixed deposit in the financial statements of Mayoka Traders for the year ended $28$ February $2024.$