Question
On November 1, 2018, Company borrowed $30,000 from a bank sign a 12-month, 6% interest rate the first payment due on December 1, 2018. What
On November 1, 2018, Company borrowed $30,000 from a bank sign a 12-month, 6% interest rate the first payment due on December 1, 2018. What should the company report on B/S, I/S and Statement of cashflow on Dec 31, 2018 and Dec 31, 2019?
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The Principles And Practice Of Auditing
Authors: George Puttick, Sandra Van Esch
8th Edition
0702156914, 978-0702156915
