If I lent to another person a sum of cash, and he will pay every month interest

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If I lent to another person a sum of cash, and he will pay every month interest how this should be entered in my accounting books he will make repayment in 12 months.

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Accounting For Cambridge International AS And A Level

ISBN: 9780198399711

1st Edition

Authors: Jacqueline Halls Bryan, Peter Hailstone

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Posted Date: Apr 18, 2022 03:52 AM

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If I lent to another person a sum of cash, and he will pay every month interest

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The journal entry at the time of lending should be debitin... View the full answer

Accounting For Cambridge International AS And A Level

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