Question
On June 14, Raku Sports received a 90-day note payable from Tofu Sport, instead of cash payment of an overdue account. The amount of the
On June 14, Raku Sports received a 90-day note payable from Tofu Sport, instead of cash payment of an overdue account. The amount of the note was $45,000 at an interest rate of 10%. What is the total amount of interest for the note?
Your answer:
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Factory Accounts
Authors: John Whitmore
1st Edition
0367494825, 9780367494827
