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help please View Policies Current Attempt in Progress You and several classmates are studying for the next accounting examination. They ask you to answer the

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View Policies Current Attempt in Progress You and several classmates are studying for the next accounting examination. They ask you to answer the following questions: 1. If cash is borrowed on a $60,000. 11-month, 10% note on August 1. how much interest expense would be incurred by December 31? 2. The cash register total including sales taxes is $44.205, and the sales tax rate is 5%. What is the sales taxes payable? 3. If $44.205 is collected in advance on November 1 for 7-month magazine subscriptions, what amount of subscription revenue should be recognized on December 312 $ eTextbook and Media

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