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Michigan Company paid Wisconsin Company for merchandise with a $6,400, 90-day, 8% note dated May 10. If Michigan Company pays the note at maturity, what
Michigan Company paid Wisconsin Company for merchandise with a $6,400, 90-day, 8% note dated May 10. If Michigan Company pays the note at maturity, what entry should be made at that time? Select one: A. Notes Payable Interest Expense Cash 6,400 128 6,272 B. Cash 6,528 Notes Payable Interest Payable 128 6,400 6,528 C. Notes Payable Interest Payable Cash 128 6,400 D. Notes Payable Interest Expense Cash 6,400 128 6,528
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