Question
I want to ask to accounting.On May 1 of the current year the studio borrowed $19,200 by signing a 12-month, 9 percent note payable to
I want to ask to accounting.On May 1 of the current year the studio borrowed $19,200 by signing a 12-month, 9 percent note payable to First Federal Bank of St. Louis. The entire $19,200 plus 12 months interest is due in full on April 30 of the upcoming year.Interest expense is 1,080.
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BondsA Concise Guide For Investors
Authors: M. Choudhry
2nd Edition
0230006493, 9780230006492
