Define Interest Payable

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interest payable definition. This current liability account reports the amount of interest the company owes as of the date of the balance sheet. (Future interest is not recorded as a liability.)

What is RETAINED INTEREST? What does RETAINED INTEREST mean? RETAINED INTEREST meaning & explanation Definition of interest payable. interest payable. The amount of interest that is owed but has not been paid at the end of a period. related terms: coupon. detachable certificate attached to a bond that shows the amount of interest payable at regular intervals, usually semi-annually.Originally. Interest payable – AccountingTools – Interest payable is the amount of interest on its debt and capital leases that a company owes to its lenders and lease providers as of the balance sheet date.

Sec. 47-204. Separate titles and taxation. Recording of certificate by cooperative. Conveyance of interest in cooperative. (a) In a cooperative, a unit owner’s interest in a unit and its allocated interests is a real property interest for all purposes, except that the real property constituting the cooperative shall be taxed and assessed as a whole and a unit owner’s interest shall not be.

Definition of interest payable: The record of how much interest has been paid on investments. dictionary term of the Day Articles Subjects BusinessDictionary Accounts Payable: When a company purchases goods on credit which needs to be paid back in a short period of time, it is known as Accounts Payable.

Interest payable is the amount of interest on its debt and capital leases that a company owes to its lenders and lease providers as of the balance sheet date. This amount can be a crucial part of a financial statement analysis , if the amount of interest payable is greater than the norm

interest payable definition This current liability account reports the amount of interest the company owes as of the date of the balance sheet. (future interest is not recorded as a liability.) For instance, debt can be taxes a business has to pay, or interest on a loan that has accumulated.

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The expression-of-interest fees for the competitions are K10,000 (men) and K5,000 (women and conference). The affiliation fees are K80,000 (men), K10,000 (women) and K25,000 (conference).