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The Pita Pit borrowed $200,000 on November 1, 2018, and signed a six-month note bearing interest at 12% Principal and interest are payable in full
The Pita Pit borrowed $200,000 on November 1, 2018, and signed a six-month note bearing interest at 12% Principal and interest are payable in full at maturity on May 1.2019 in connection with this note, The Pita Pit should report interest expense at December 31, 2018, 2018. In the amount of $12,000 $4,000 $24,000 $0
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The Future Of Audit Keeping Capital Markets Efficient
Authors: Keith Houghton, Christine Jubb, Michael Kend, Juliana Ng
1st Edition
1921666501, 978-1921666506
