Practicing Success
How is interest on debentures treated in terms of the company's profit? |
It is deducted from the company's profit It is added to the company's profit It has no impact on the company's profit t is recorded separately from the company's profit |
It is deducted from the company's profit |
Interest on debentures is treated as an expense for the company, and it is deducted from the company's profit to accurately represent its financial performance and to adhere to standard accounting principles. |