Definition of Interest Payable in the Financial Dictionary – by free online english dictionary and encyclopedia. What is Interest Payable? Meaning of Interest. 1. Finance: A fee paid for the use of another party’s money.To the borrower it is the cost of renting money, to the lender the income from lending it..
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Search net interest payable and thousands of other words in English definition and synonym dictionary from Reverso. You can complete the definition of net interest payable given by the English Definition dictionary with other english dictionaries: wikipedia, Lexilogos, Oxford, Cambridge, Chambers Harrap, Wordreference, Collins Lexibase dictionaries, Merriam Webster.
Community First Bancshares Inc (NASDAQ:CFBI) was the recipient of a large decrease in short interest in the month of August .
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Interest Payable is a liability account shown on a company’s balance sheet and represents the amount of interest expense that has been accrued to date but has not been paid as of the date on the balance sheet. It represents the amount of interest currently owed to lenders and is typically a current liability
Loan payable – AccountingTools – A loan payable charges interest, and is usually based on the earlier receipt of a certain sum of cash from a lender. As an example of a loan payable, a business obtains a loan of $100,000 from a third party lender and records it with a debit to the cash account and a credit to the loan payable account .
Interest payable is the amount of interest on its debt and capital leases that a company owes to its lenders and lease providers as of the balance sheet date. This amount can be a crucial part of a financial statement analysis , if the amount of interest payable is greater than the norm
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Definition: A note payable is a liability in writing that promises to pay a specific amount of money at future date or on demand. In other words, a note payable is a loan between two entities. In other words, a note payable is a loan between two entities.
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