Quizz chapter 7,8,9 Question 1: What is the total interest expense on a loan of $6,400 at 5% for 45 days is: (Use 360 days a year) Show Calculation : Question 2 At December 31, 2015, Ingleton Company reports the following results for the year Cash 31.025.000 Cro 142.000 In addition, itsunadjusted trial balance includes the following items ACCOGECOM 5575.000 debet Allowance for douche 7.500 A. Dec 31, 2015 the company estimated bad debts as 3% of total Sale Date Account Title Debit Credit ASSet 80