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I don't understand how to calculate Interest Revenue: 20,000 * 0.15 * time Marathon Running Shoes reports the following Journalize all required for Marathon Running
I don't understand how to calculate Interest Revenue:
20,000 * 0.15 * time
Marathon Running Shoes reports the following Journalize all required for Marathon Running Shoes (Record debits first, then credits. Select the explanation on the last Jul 1, 2017: Collected the maturity value of the Paul note (Prepare a single compound journal entry) Choose from any list or enter any number in the input fields and then click Check
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