Question
Interest expense for the current year is $320,000 Interest payable increased $51,000 during the year Interest receivable increased $12,000 during the year Interest expense includes
Interest expense for the current year is $320,000 Interest payable increased $51,000 during the year Interest receivable increased $12,000 during the year Interest expense includes $49,000 for the amortization of discount. What is the cash paid for interest? OA. $320,000 B. $271,000 OC. $220,000 OD. $232,000
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
