january 31

january 31 ?

On July 1, 2021, Ross-Livermore Industries issued nine-month notes in the amount of $600 million. Interest is Required: Determine the amount of interest expense that should be recorded in a year-end adjusting entry under each independent assumptions: (Enter your answers in millions (i.e., 10,000,000 should be entered as 10).) Fiscal Year End: Time Principal (million) $ 600 Interest Expense Interest Rate 14 % 6/12 $ 42 million $ 600 X 12 % 3/12 $ 18 million December 31, 2021 September 30, 2021 October 31, 2021 January 31, 2022 $ 600 X 11 % X 4/12 $ 22 million $ 600 X 8 % 7/12 million