Question
April 1 - Q Co. loaned Z Co. $600,000 on a 30 day note, interest rate 5%. A) Determine the due date B) Determine the
April 1 - Q Co. loaned Z Co. $600,000 on a 30 day note, interest rate 5%. A) Determine the due date B) Determine the maturity value C) Prepare the journal entry on Aprill for Q Co. D) Prepare the journal entry on the maturity date for Q Co. Q Co. prepares Adjusting Journal Entries once a year on 12/31.
how do we calculate maturity? im stuck on that
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Funny Audit Stories Auditor Stories To Make You Laugh Out Loud
Authors: Truman Ballas
1st Edition
B097DCG5GS, 979-8524946072
