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