EBK CENTURY 21 ACCOUNTING: GENERAL JOUR
EBK CENTURY 21 ACCOUNTING: GENERAL JOUR
10th Edition
ISBN: 9781337341523
Author: LEHMAN
Publisher: YUZU
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Cost of Credit
The cost of credit is an extra amount that the borrower has to pay besides the loan amount. These credit charges may vary from loan to loan. The cost of credit includes interest charges, maintenance charges, and arrangement charges. Some of the costs are…
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