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Distinction between Interest and Capitalized Interest. Interest that’s settled will be the cost of borrowing revenue. In bookkeeping, there are two kinds of paid interest: chemical and simple interest.

Distinction between Interest and Capitalized Interest. Interest that’s settled will be the cost of borrowing revenue. In bookkeeping, there are two kinds of paid interest: chemical and simple interest. Capitalized interest was a form of substance interest reported in balance Read More