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Craig borrowed $2,100,000 on October 1, 2020 and is required to pay $2,100,000 on March 1, 2021. What amount is the note payable recorded at
Craig borrowed $2,100,000 on October 1, 2020 and is required to pay $2,100,000 on March 1, 2021. What amount is the note payable recorded at on October 1, 2020 and how much interest is recognized from October 1 to December 31, 2020? O $2,100,000 and 50 O $2,160,000 and 50 O $2,100,000 and $38,000 O $2,160,000 and $80,000
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