Cost Recovery Method

Question

Sep 2, 2006, 10:52 AM

AngelEyes495

New Member

Join Date: Sep 2006

Posts: 1

Cost Recovery Method

I am working on a homework problem in which a person is being paid for by a 10% interest bearing note. They are accounting for the receivable with the cost recovery method. What is the treatment for the interest received?

Answer this Question Ask about Finance & Accounting

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Sponsors

Similar Threads
Question	Asker	Forum	Answers	Last Post
J/E for cost method of treasury stock	owens	Accounting	1	Apr 2, 2008 11:24 AM
statistical method to use	hussein	Mathematics	1	Apr 22, 2006 12:30 AM
PTSD and Recovery	orange	Tips	5	Feb 5, 2006 04:19 PM
opportunity cost vs relevant cost	twobytes	Accounting	2	Apr 11, 2005 01:12 PM
Spy-bot recovery	Podchick	Other Security Software	5	Jan 25, 2005 02:27 PM



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!