M
Mbenz89
Guest
Hi,
I am having trouble understanding the difference between bond interest payable and bond interest expense. My textbook gave me two different scenarios where interest is paid, however they use interest expense in one case, and interest payable in the other, without explaining why.
thanks
I am having trouble understanding the difference between bond interest payable and bond interest expense. My textbook gave me two different scenarios where interest is paid, however they use interest expense in one case, and interest payable in the other, without explaining why.
thanks