Accountancy, asked by us691101, 4 months ago

interest received on investment by a financing company is shown under

Answers

Answered by theblessedone
0

Answer:

Interest received in cash from loans and advances is recorded under investing activities. Interest paid on loans, debentures and advances is recorded under financing activities.

Answered by kroy14481
0

Answer:

INVESTING ACTIVITIES

Explanation:

Similar questions