What Is Interest Payable? (Definition, How-To and Example)
https://www.indeed.com/career-advice/career-development/interest-payable
WEBFeb 4, 2023 · Indeed Editorial Team. Updated February 3, 2023. Interest payable is the amount an individual or company owes a lender at a particular time but hasn't paid yet. This helps businesses keep track of their liabilities on their balance sheet and create their financial statements.
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