Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: H3Ko on Aug 30, 2016



Title: Firewood, Inc. signed a three-year note payable for $59,000 at 7% annual interest. What is the ...
Post by: H3Ko on Aug 30, 2016
Firewood, Inc. signed a three-year note payable for $59,000 at 7% annual interest. What is the interest expense for 2017 if the note was signed on August 1, 2017? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A) $4,130
B) $2,065
C) $1,721
D) $12,390


Title: Re: Firewood, Inc. signed a three-year note payable for $59,000 at 7% annual interest. What is the ...
Post by: Tanks on Aug 30, 2016
Content hidden


Title: Re: Firewood, Inc. signed a three-year note payable for $59,000 at 7% annual interest. What is the ...
Post by: H3Ko on Oct 12, 2016
YES! Can't believe I got this one right. Appreciate the confirmation