Business, 26.02.2020 21:03 alishabhappy1
On June 1, 2013 Oakcrest Company signed a three year $110000, note payable with 9% interest. Interest is due on June 1 of each year beginning in 2014. What amount of interest expense should be reported on the income statement for the year ended December 31, 2013?
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On June 1, 2013 Oakcrest Company signed a three year $110000, note payable with 9% interest. Interes...
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