SAT, 28.10.2021 03:20 windline21991

on september 1, 2010, herman co. issued a note payable to national bank in the amount of p1,200,000, bearing interest at 12%, and payable in three equal annual principal payments of p400,000. on this date, the bank's prime rate was 11%. the first payment for interest and principal was made on september 1, 2011. at december 31, 2011, herman should record accrued interest payable of

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on september 1, 2010, herman co. issued a note payable to national bank in the amount of p1,200,000,...

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