Question
Hawkeye Company borrows $88,500 on September 1, 2018, from Barnes State Bank by signing an $88,500, 12%, 1 year note. What is the accrued interest
Hawkeye Company borrows $88,500 on September 1, 2018, from Barnes State Bank by signing an $88,500, 12%, 1 year note. What is the accrued interest at December 31, 2018, if we base the interest calculation on months?
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Food And Beverage Cost Control
Authors: Lea R. Dopson, David K. Hayes
6th Edition
1118988493, 978-1118988497
