what is the adjusting entry for: OnMay2,Billsigneda1year,6%notefor$3,500associatedwiththepurchaseofausedtruckforthebusiness.Theinterestwillbeduewiththeprincipleofthenote. is it..... interest expense 210 interest payable 210
Fantastic news! We've Found the answer you've been seeking!
Question:
what is the adjusting entry for:
- OnMay2,Billsigneda1year,6%notefor$3,500associatedwiththepurchaseofausedtruckforthebusiness.Theinterestwillbeduewiththeprincipleofthenote.
is it.....
interest expense 210
interest payable 210
Expert Answer:
Posted Date:
