CALCULATON FULL SCREEN FREE 5 Do It! Review 11-01 You and several classmates are studying for the next accounting exam. They ask you to answer the following questionst (Round answers to decimal places,.. 125 1. If cash is borrowed on a $76,080, 9-month,0% note on August 1, how much interest expense would be incurred by December 317 Interest expense 2. The cash register total including sales taxes is $44, 100, and the sales tax rate is 5%. What is the sales taxes payable? Sales taxes payable 3.18 $66,840 is collected in advance on November 1 for 6-month magazine subscriptions, what amount of subscription revenue should be recognized by December 317 Subscription revenue LIME TO TEXT