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Paying interest and dividends

Paying interest and dividends: Accounting Foundations: Bookkeeping
Paying interest and dividends: Accounting Foundations: Bookkeeping

See how to analyze a common, yet difficult transaction: a compound journal entry with a note payable, or similar obligation, that requires an entry for payment of the principle, as well as the interest due. Note that interest is the amount charged for borrowing money.

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Skill Level Beginner
1h 39m
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Skills covered in this course
Business Accounting Business Skills Marketing Finance

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