Math, asked by 10shawngmailcom, 2 months ago

For Electricity Company, interest Paid form part of​

Answers

Answered by asajaysingh12890
1

Interest expense is a non-operating expense shown on the income statement. It represents interest payable on any borrowings – bonds, loans, convertible debt or lines of credit. It is essentially calculated as the interest rate times the outstanding principal amount of the debt.

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