On October 1 , 2 0 1 8 , Highview Company borrows $ 2 0 , 0

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Question:

On October

1, 2018,

Highview Company borrows $

20, 000

a one

-

year note that requires the company to pay

5 %

interest on

March

31

and September

30 .

On March

31, 2019,

the adjusting entry

to accrue interest on the note should debit:

Posted Date: Jun 08, 2024 01:52 AM

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On October 1 , 2 0 1 8 , Highview Company borrows $ 2 0 , 0

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