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A company borrowed $10,000 by signing a 180-day promissory note at 9%. The total interest due on the maturity date is: (Use 360 days a
A company borrowed $10,000 by signing a 180-day promissory note at 9%. The total interest due on the maturity date is: (Use 360 days a year.) Question 1 options: $900 $75 $450 $300 $1800Which of the following is not true regarding a bank (or third party) credit card expense? Question 2 options: Credit card expense may be classified as a "discount" deducted from sales to get net sales Credit card expense may be classified as a selling expense. Credit card expense may be classified as an administrative expense. Credit card expense is not recorded by the seller. Credit card expense is a fee the seller pays for services provided by the card company
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