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Results tagged with repayment
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user 32456
For all situations involving paying money back to a borrowed source, such as a loan.
2
votes
Is the repayment of monies loaned to my company considered income?
I'm a Finance major in Finland and here is how it would go here.
As you loan money to the company, the company has no income, but gains an asset and a liability.
When the company then uses the money …
