account listed on a company’s balance sheet that shows how much money it has
prepaid in interest. Prepaid interest is an asset. When it actually comes due,
it is moved from the prepaid interest asset account to interest expense.
"prepaid interest." YourDictionary, n.d. Web. 11 October 2018. <http://www.yourdictionary.com/prepaid-interest>.
prepaid interest. (n.d.). Retrieved October 11th, 2018, from http://www.yourdictionary.com/prepaid-interest
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