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Forums › ACCA Forums › ACCA FA Financial Accounting Forums › arrual and prepayment
if 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?
normal treatment of liability. Company’s receivable, and interest income is also earned.
thank u dude 😉
also the rent reciveable will be also treated like this?
