Question
In September 1, 2018, Poo Lonheimer borrowed $100,000 from The Actors' Credit Union and signed a 6% one-year note payable with all interest and principal
In September 1, 2018, Poo Lonheimer borrowed $100,000 from The Actors' Credit Union and signed a 6% one-year note payable with all interest and principal due at maturity. The interest on this loan is stated separately. The interest expense Lonheimer will recognize on this note in 2019 is __________
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Financial Accounting
Authors: Karen Bird, Gene Imhoff
5th Edition
0984200568, 978-0984200566
