Difference between revisions of "Interest expense"
m (Gary moved page Interest Expense to Interest expense without leaving a redirect) |
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| − | [[Interest | + | [[Interest expense]] is the cost of borrowing money. |
==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| − | :[[Interest | + | :[[Interest expense]]. The cost of borrowing money. |
==Related concepts== | ==Related concepts== | ||
Revision as of 06:57, 21 December 2018
Interest expense is the cost of borrowing money.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Interest expense. The cost of borrowing money.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
