USA Interest expense for customer finance

Vikrant · Aug 27, 2013

Hi,

Can anybody tell us, under USGAAP where to book interest cost paid by a company to a bank for financing its customers.

Counterofbeans · Aug 27, 2013

Please describe the transaction(s) a little more. I'm not sure I'm understanding the question... Are you selling your receivables (i.e. factoring)?

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