Question
Loans between parent and subsidiary would require the elimination of Loan payable and interest payable on the lender's books Loan's receivable and interest receivable on
Loans between parent and subsidiary would require the elimination of
Loan payable and interest payable on the lender's books Loan's receivable and interest receivable on the lender's books interest expense on the lenders books. interest revenue on the borrowers books
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Debra Good
14th Canadian Edition
0135222419, 978-0135222416
