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Día: 29 de enero de 2024

By adminIn BookkeepingPosted enero 29, 2024

Where does accrued interest on notes receivable get reported on the balance sheet?

It increases the total assets, thereby affecting the owner's equity and the overall financial health of the company. Investors scrutinize this line item to gauge the company's profitability and the reliability of its income streams. From an accountant's perspective, interest receivable is a balance sheet item that falls under current...

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