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On July 1, 2021, a company signs a 15-year 7% note for an office building. Note payments of $14,457 are due every six months. The
On July 1, 2021, a company signs a 15-year 7% note for an office building. Note payments of $14,457 are due every six months. The note was originally recorded for $265,894. When the company made the second payment on 6/30/22 - how much did they debit Interest Expense?
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$9,306.29
$9,126.02.
$8,939.43.
$14,457.
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