Question
Cash Paid for Interest Ball Company's income statement for 20-2 reported interest expense of $1,540. The comparative balance sheet as of December 31, 20-2 and
Cash Paid for Interest
Ball Company's income statement for 20-2 reported interest expense of $1,540. The comparative balance sheet as of December 31, 20-2 and 20-1, reported the following:
| 20-2 | 20-1 | |
| Accrued interest payable | $260 | $220 |
Compute the amount of cash paid for interest in 20-2. $fill in the blank 1
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Principles Of Financial Auditing
Authors: Athmane Mokhbi
1st Edition
B09LGTJJFG, 979-8763532265
