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xyzc
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Is all interest receivable is assessed as interest income or where there is a trading loan relationship the interest receivable is added to the trading profits
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There will not be a trading loan made by a company in your exam and therefore all interest receivable will be classed as interest income. There may however be loans taken out by a company that may be either trading or non trading so it will be an issue when dealing with interest payable as explained in the notes and lectures.
xyzc
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