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You and several classmates are studyine for the next accounting exam. They ask you to answer the following questions 1. If cash is horrowed on

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You and several classmates are studyine for the next accounting exam. They ask you to answer the following questions 1. If cash is horrowed on a $93,000, 9-month, 6% note on August 1 how much interest expense would be incurred by December 317 Interest egense 2790 2. The cash rechter total including sales taxes is $36,040, and the sales tax rate is 6%. What is the sales taxes payable? Sales taxes payable $45,000 is collected in advance on November for 6-month marine subscriptions, what amount of subscription revenue should be recognized on December 31 Subscription revenue Save for Later Attempt of used Submit

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