Meaning of Interest Income

How we at Bookkeeping Support Define the Meaning of Long-Term Loans Receivable:

Long-term loans receivable are sums of money that a business anticipates getting from borrowers over the course of more than a year.

How AI Define the Meaning of Long-Term Loans Receivable:

Long-Term Loans Receivable: Loans made to customers that will not be repaid within a year.

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