Forums›ACCA Forums›arrual and prepayment ACCA ForumsFAarrual and prepayment Mmilomjj13y agoif a loan is made to an employee and if it is payable in a year and also interest on that.... how will it be recognise in the statements?AAli13y ago#1normal treatment of liability. Company's receivable, and interest income is also earned.Mmilomjj13y ago#2thank u dude ;)Mmilomjj13y ago#3also the rent reciveable will be also treated like this? Sign into reply to this topic.
Mmilomjj13y agoif a loan is made to an employee and if it is payable in a year and also interest on that.... how will it be recognise in the statements?
AAli13y ago#1normal treatment of liability. Company's receivable, and interest income is also earned.
