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On January? 1, Southwest Corp. accepted a one minus ?year note for $ 70 comma 000 $70,000 at 8 8?% from one of its customers.
On January? 1, Southwest Corp. accepted a one minus ?year note for $ 70 comma 000 $70,000 at 8 8?% from one of its customers. When the note matured on December? 31, the customer was unable to? pay, and the company recorded the dishonor. The amount of the debit recorded on December 31 is? ________. A. $ 64 comma 400 $64,400 B. $ 5 comma 600 $5,600 C. $ 70 comma 000 $70,000 D. $ 75 comma 600 $75,600
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