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wills135
Registered Posts: 30
Hi.
With a loan sometimes you have to pay an arrangement fee, will this go straight to the P&L, completely avoiding the liability account in the BS?
Also in recognising the loan, what is the correct way to measure and split? Effective interest, sum of digits or amortisation?
Thank you
With a loan sometimes you have to pay an arrangement fee, will this go straight to the P&L, completely avoiding the liability account in the BS?
Also in recognising the loan, what is the correct way to measure and split? Effective interest, sum of digits or amortisation?
Thank you
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