Question
On August 15, 2017, Low Rider Automotive established a line of credit at its bank, with interest at 8.75% p.a. This line of credit was
On August 15, 2017, Low Rider Automotive established a line of credit at its bank, with interest at 8.75% p.a. This line of credit was used to purchase $5000 of inventory and supplies. Low Rider paid $5113.87 to satisfy the incurred debt. On what date did Low Rider Automotive honour the line of credit?
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Auditor Essentials 100 Concepts Tips Tools And Techniques For Success
Authors: Hernan Murdock
1st Edition
1138036919, 978-1138036918
