Question
Mar 1 Emergency Pharmacies borrowed $360,000 from Lessburg Bank. The six-year, 10% note requires payments due annually, on March 1. Each payment consists of $60,000
Mar 1 Emergency Pharmacies borrowed $360,000 from Lessburg Bank. The six-year, 10% note requires payments due annually, on March 1. Each payment consists of $60,000 principal plus one year's interest.
Ho would I Prepare the liabilities section of the balance sheet for Emergency Pharmacies on March 1, 2015?
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A One-Year Accounting Course Part 2
Authors: Trevor Gambling
1st Edition
0080130267, 9780080130262
