Question
Why are accounts listed on a companys chart of accounts typically identified both by a number and a descriptive name? Why is interest income not
Why are accounts listed on a companys chart of accounts typically identified both by a number and a descriptive name? Why is interest income not considered part of operating revenues, and why is interest expense not considered part of operating expenses?
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Financial Accounting And Reporting QandA 2020
Authors: ACA Simplified
1st Edition
1661682820, 978-1661682828
