Question
On 01/09/20x1 the company received an interest-bearing loan of 12000 euros for a period of 8 months. The interest rate was agreed at 8% per
On 01/09/20x1 the company received an interest-bearing loan of 12000 euros for a period of 8 months. The interest rate was agreed at 8% per annum and the total interest will be paid at the end of the loan together with the capital.
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College Accounting Chapters 1-30
Authors: David Haddock, John Price, Michael Farina
16th Edition
1260247902, 978-1260247909
