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Home Q & A Board Other Fields Homework Help Business Accounting
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harra harra
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6 years ago
A company borrows $15,000 on November 1, 2013, giving a 6%, 90-day note payable. The adjusting entry on December 31, 2013, would include a:
A) credit to Interest Payable for $73.97.
B) credit to Interest Payable for $147.95.
C) debit to Interest Expense for $221.92.
D) credit to Cash for $147.95.
Textbook 
Accounting, Volume 1, Canadian Edition

Accounting, Volume 1, Canadian Edition


Edition: 9th
Authors:
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KryzenKryzen
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#1
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6 years ago
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harra Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
africa143
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Yesterday
Thanks
Fleury
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2 hours ago
Just got PERFECT on my quiz
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