Accounting
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Reporting of Current and Contingent Liabilities
Current Liabilities
Accounting Textbooks Boundless Accounting Reporting of Current and Contingent Liabilities Current Liabilities
Accounting Textbooks Boundless Accounting Reporting of Current and Contingent Liabilities
Accounting Textbooks Boundless Accounting
Accounting Textbooks
Accounting
Concept Version 7
Created by Boundless

Current Obligations Expected to Be Refinanced

Deciding to refinance debt can be a balancing act between the funds requested and the interest rate charged on the funds.

Deciding to refinance debt can be a balancing act between the funds requested and the interest rate charged on the funds.

Refinanced debt must be finalized and the new loan terms approved before reporting it and replacing it for the old debt in the liability section.

Source

    Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources:

    "Interest rate vs money balance | Flickr - Photo Sharing!."
    http://www.flickr.com/photos/rmgimages/4882451326/in/photostream/ Flickr CC BY-SA.

Related Terms

  • closing fees
  • non-recourse debt
  • recourse debt
  • current replacement cost
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