accounting query!! urgent!! help............!!?

2010-07-09 7:24 am
does finance costs consider as expenses? what does it mean?

回答 (2)

2010-07-09 7:56 am
✔ 最佳答案
Yes finance cost is another term for interest expense. Goes on the income statement.
2010-07-09 2:27 pm
I think it is asking if the cost of finance is an expense, the answer is yes. Interest is an expense, the principle is a liability.


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