Last answered:

27 Aug 2024

Posted on:

26 Aug 2024

0

interest expenses

Hi, 
I did not understand why interest expenses were not reflected on the cash flow statement. I've seen it been deducted along with taxes before. How do I know when to deduct them and when to omit them?
 
Thanks
1 answers ( 0 marked as helpful)
Instructor
Posted on:

27 Aug 2024

0
Hi Jacobo,
We've assumed that the Interest expense is not paid immediately but is rather accumulated in the loan due. This is why the Balance sheet balances. I'll add a note after the lesson. Thanks for giving us heads up about this. Appreciate it.
Best,
Ned   

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