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Greetco signed a 7 year note paryabic on danuary 1, 2004, of $525,000. The nole requies annual prinopol panments each December 3t of 575,000 plus

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Greetco signed a 7 year note paryabic on danuary 1, 2004, of $525,000. The nole requies annual prinopol panments each December 3t of 575,000 plus interest at 13%. The entry to record the annual p includes A. acted to Cash of 1143250 B. a credat to Notes Parable for $75,000 C. a debn to interest Expense for $692,250 D. a debat to litteres Expense for 529250

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