Question
A customer invested $9,000,000 in a term deposit at Murray River Bank on September 1, 2014. Interest is paid after one year and interest rates
A customer invested $9,000,000 in a term deposit at Murray River Bank on September 1,
2014. Interest is paid after one year and interest rates are 6%. Record the adjusting entry for Murray River Bank on 31 March 2015 when their financial year ends.
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Accounting
Authors: Carl s. warren, James m. reeve, Philip e. fess
21st Edition
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