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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: Lender Date of Note

Accrued Interest Payable Compute the interest accrued on each of the following notes payable owed by Northland, Inc., on December 31:

Lender Date of Note Principal Interest Rate % Term
Maple.......... 11/21 $18,000 11 120 days
Wyman....... 12/13 14,000 8 90 days
Nahn........... 12/10 16,000 12 60 days

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