Hello everyone,
Confusing point - Curriculum 2013 vol2 p.80 Example 11
- The income statement for solution 1 shows that the interest expense of $7132 is booked to year 1.
- But the CF statement for solution 2 shows that the interest paid of $7132 is booked to year 2.
Very Confused?! Or is it something wrong in this example in Curriculum???
Can someone please help to clarify


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