USA Interest expense for customer finance

Joined
Aug 27, 2013
Messages
1
Reaction score
0
Hi,

Can anybody tell us, under USGAAP where to book interest cost paid by a company to a bank for financing its customers.
 

Counterofbeans

VIP Member
Joined
Aug 5, 2013
Messages
216
Reaction score
25
Country
United States
Please describe the transaction(s) a little more. I'm not sure I'm understanding the question... Are you selling your receivables (i.e. factoring)?
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,684
Messages
27,655
Members
21,542
Latest member
hireus4steamcleaning
Top