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Edition 11 - Accounting for Interest & Borrowings

Edition 11 - Accounting for Interest & Borrowings

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In a society where credit is heavily used as a means of financing purchases, bookkeepers must possess a working knowledge on how to deal with issues surrounding interest and borrowings. This edition provides a comprehensive overview on the income tax landscape as it relates to the deductibility of interest and gives a practical insight into the appropriate treatment of interest and borrowings in the books of account.


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