Examlex
Which of the following accounts does NOT belong on the asset side of a balance sheet?
Interest Rate
The amount of a loan that is subject to interest charges for the borrower, typically expressed as an annual percentage of the current loan balance.
Consumption
Households' practice of using goods and services.
Interest Rate
The interest rate is the percentage of a sum of money charged for its use, determining the cost of borrowing or the reward for saving.
Income
Money received on a regular basis from work, investments, business, or other sources.
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