Double Entry for discounting a loan receivableForums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Double Entry for discounting a loan receivableThis topic has 1 reply, 2 voices, and was last updated 14 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 26, 2010 at 10:22 am #45705 ibndMemberTopics: 2Replies: 1☆i am presently working on an assignment, can you coach me the double entry for discounting a loan receivable. i know we must credit the loan and debit INCOME STATEMENT. but under which heading it enter the income statement? please October 26, 2010 at 6:26 pm #69851 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆Finance costs?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In