Question
The other account that might be included in general ledger other than account receivable and note receivable is Interest Receivable. interest receivable is amount of
The other account that might be included in general ledger other than account receivable and note receivable is "Interest Receivable". interest receivable is amount of interest revenue that has been accrued but not received yet. This is shown as interest receivable under current assets on balance sheet along with other receivables.
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Managerial Accounting
Authors: Peter C. Garrison, Ray H., Noreen, Eric W., Brewer
12th Edition
0071274227, 978-0071274227
