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lilavasa [31]
3 years ago
7

I Need Help….. Describe the Interest Earned vs Interest Charged relationship.

Social Studies
1 answer:
BigorU [14]3 years ago
8 0

Answer: An amount earned by a company on its interest bearing bank accounts or other investments. The amount should be reported as Interest Revenues, Interest Income, or Investment Revenues in the accounting period in which the interest is earned.

Explanation:

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