Question
Flash corporation borrowed $120,000 from the bank on November 1, 2010. The note had an 8 percent annual rate of interest and matured on April
Flash corporation borrowed $120,000 from the bank on November 1, 2010. The note had an 8 percent annual rate of interest and matured on April 30, 2011. Interest and principal were paid in cash on the maturity date.
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Microsoft Excel For Accounting The First Course
Authors: L Murphy Smith, Katherine Smith
1st Edition
0130085529, 978-0130085528
