Question
Jan 30 2015 ABC Company gave DEG company a 90 day 8% $60,000 note payable to extend a past due account payable. ABC has a
Jan 30 2015 ABC Company gave DEG company a 90 day 8% $60,000 note payable to extend a past due account payable. ABC has a year end of March 31st
Prepare the year end adjusting entry to accrue interest and record the payment of the note on April 22 2015
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Management Accounting For Beginners
Authors: Nicholas Apostolides
1st Edition
0815351224, 978-0815351221
