Question
Interest on loan will be paid on the first day of each subsequent month. An agreement was signed on a 6-month, 6%, of $6 000
Interest on loan will be paid on the first day of each subsequent month. An agreement was signed on a 6-month, 6%, of $6 000 loan payable. What is the journal entry for the above?
if, one month of interest expense related to the loan has accrued, then what is the adjusting entry and amount?
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Statistical Analysis Microsoft Excel 2013
Authors: Conrad Carlberg
1st Edition
0789753111, 9780789753113
