Question
Interest due to Big Bank on the Note Payable for the month of March is $665. As of March 31 OPJ owes Big Bank a
Interest due to Big Bank on the Note Payable for the month of March is $665. As of March 31 OPJ owes Big Bank a total of $1265 for interest ($600 for Feb. + $665 for March). Interest will be paid to Big Bank in June.
Post the above transaction in a general journal?
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Certainly heres how you would post the transaction in a general journal Date Marc...
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Accounting For Business
Authors: Peter Scott
3rd Edition
0198807791, 978-0198807797
