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Notes Payable 10,000.00 Loans Payable 21,000.00 6% interest note payable was made on January 31, 2017, and is due February 1, 2019. 5-year loan was
Notes Payable 10,000.00
Loans Payable 21,000.00
6% interest note payable was made on January 31, 2017, and is due February 1, 2019.
5-year loan was made on June 1, 2017. Terms are 7.5% annual rate, interest only until due date.
I need to find the Interest Expense from these payables.
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