Question
El 1 de mayo, Industrias Lectric emiti notas a 9 meses por un monto de $ 60 millones. Los intereses se pagan al vencimiento. Requerimiento:
El 1 de mayo, Industrias Lectric emiti notas a 9 meses por un monto de $ 60 millones. Los intereses se pagan al vencimiento.
Requerimiento:
Determine la cantidad de gasto de intereses que debe registrarse en una entrada de ajuste de fin de ao bajo cada uno de los siguientes suposiciones independientes: (asegrese de mostrar todo el trabajo para recibir crdito completo y etiquete cada respuesta claramente)
1. Tasa 8%Fin de Ao el 31 de Enero
2. Tasa 10%Fin de Ao el 31 de Octubre
3. Tasa 9%Fin de Ao el 30 de Junio
4. Tasa 13%Fin de Ao al 31 de Diciembre
On May 1, Industrias Lectric issued 9-month notes for an amount of $ 60 million. Interest is paid at maturity.
Request:
Determine the amount of interest expense that must be recorded in a year-end adjustment entry under each of the following independent assumptions: (be sure to show all work to receive full credit and label each answer clearly)
1. Rate 8% New Year on January 31
2. Rate 10% New Year on October 31
3. Rate 9% New Year's Eve on June 30
4. Rate 13% End of the Year as of December 31
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