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Interest expense

How would you book the interest charged by a supplier because you paid an invoice late? Would it be a non operating interest expense or in some operating expense account?

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Maple A
Title: CPA retired
Company: Retired
(CPA retired, Retired) |

One of the benefits from using an operating vs non-operating expense distinction is that the operating expenses have some relationship with business volume. The late payment interest charge has no relationship with business activity or volume so record as non-operating expense.

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