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    SOAMAPAGER's Avatar
    SOAMAPAGER Posts: 1, Reputation: 1
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    #1

    Aug 20, 2009, 01:55 PM
    Accounting for -0- interest loans
    What is the accounting treatment for -0- interest loans for balance sheet and P&L?
    moonfruit's Avatar
    moonfruit Posts: 7, Reputation: 1
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    #2

    Aug 20, 2009, 09:57 PM

    0 interest, that means no interest expense for P&L.
    Only the loand have to b charged to Balance Sheet as a Liability
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