Ask Me Help Desk
>
Education
>
Homework Help
>
Finance & Accounting
> Interest expense debit or credot
PDA
View Full Version :
Interest expense debit or credot
pleasehelpfoste
Feb 16, 2014, 08:11 AM
Doing t ledger is a interest paid on a note a debit or credit and the payable is it a debit or credit
pready
Feb 18, 2014, 11:11 AM
Interest Expense will normally have a debit balance and a payable normally has a credit balance.