Interest payable - An accounting term which refers to the amount a company pays in the form of interest on cash borrowings. The figure for interest payable can be found in the balance sheet. Its flip side is "interest receivable" - the amount a company receives as interest on its cash deposits.
Interest payable : an accounting term which refers to the amount a company pays in the form of interest on cash borrowings. the figure for interest payable can be found in the balance sheet. its flip side is "interest receivable" - the amount a company receives as interest on its cash deposits.
Interest payable