Question
Greener Pastures Corporation borrowed $1,800,000 on November 1, 2018. The note carried a 8 percent interest rate with the principal and interest payable on June
Greener Pastures Corporation borrowed $1,800,000 on November 1, 2018. The note carried a 8 percent interest rate with the principal and interest payable on June 1, 2019. Record the interest accrued on the notes payable.
December 31, 2018
Date General Journal Debit Credit
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Fundamental Accounting Principles
Authors: John J Wild, Ken Shaw
25th Edition
1260247988, 978-1260247985
