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The business obtained a bank loan for the amount of $ 3 3 6 0 0 ( including GST ) on January 1 , 2
The business obtained a bank loan for the amount of $including GST on January The bank charges interest of per annum and interest payments are due quaterly. The interest on the $ bank loan is yet to be recorded. The bank loan is due in January How would I enter this into the general journal?
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To record the bank loan and the interest payments in the general journal you would f...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
