Why is Principal Repayment not on the Income Statement/P&L Statement? (Accounting Question) 324 viewsJanuary 3, 2024 Question90.50K August 22, 2021 0 Comments It seems if you only include interest expense and do not include the required payment on the principal, the Income Statement would seem misleading. In: Other 5 Answers ActiveNewestOldest Anonymous Posted August 22, 2021 0 Comments Principal payments would be shown on Statement of Cash Flow, on the Balance sheet (cash account) is reduced due to payment as is the liability (loan) to keep it balanced. You are viewing 1 out of 5 answers, click here to view all answers. Register or Login
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