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Accrued Interest Payable Compute the interest accrued on each of the following notes payable owed by Northland, Inc., on December 31: Use 360 days for
Accrued Interest Payable Compute the interest accrued on each of the following notes payable owed by Northland, Inc., on December 31: Use 360 days for calculations and round the nearest dollar. Lender Date of Note Principal Interest Rate (%) Term Maple November 21 $22,000 12% 120 days Wyman December 13 18,000 10% 90 days Nahn December 19 20,000 10% 60 days Lender Accrued Interest Maple $ Wyman Nahn 880 x 450 x 333 x
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