Question
on June 1 crane co borrows 108000 from first bank on a 6 month note,$108000,8%note. c) prepare the entry at maturity (Dec 31) assuming monthly
on June 1 crane co borrows 108000 from first bank on a 6 month note,$108000,8%note.
c) prepare the entry at maturity (Dec 31) assuming monthly adjusting entries have been made thru Nov 30..... 3 entries
d) what was the total financing cost(interest Expense)
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Lawrence Tomassini
5th Edition
0077282078, 9780077282073
