P & L Statement
Financial Statement ReporterOn a P & L should I have a loan that I got from the bank as "income"? I know it is a liability but would I also show it as income?
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04/23/10 3:35pm PDT
Viewed by asker 04/26/10 12:16pm PDT
Viewed by asker 04/26/10 12:16pm PDT
1 Reply
raywhite28
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Questions answered: 47569
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04/25/10 9:31am PDT
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It's not income at all.
Hope this helps. If so please mark solved, if not please ask more questions. Thanks!
