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what is the adjusting entry for: OnMay2,Billsigneda1year,6%notefor$3,500associatedwiththepurchaseofausedtruckforthebusiness.Theinterestwillbeduewiththeprincipleofthenote. is it..... interest expense 210 interest payable 210
what is the adjusting entry for:
- OnMay2,Billsigneda1year,6%notefor$3,500associatedwiththepurchaseofausedtruckforthebusiness.Theinterestwillbeduewiththeprincipleofthenote.
is it.....
interest expense 210
interest payable 210
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