Not your question?
Ask your question
View similar questions
Add your answer here.Check out some similar questions!
Accrued interest payable for a note payable
[ 2 Answers ]
Allen Corp.'s liability account balances at June 30, 2007 included a 10% note payable in the amount of $2,400,000. The note is dated October 1, 2005 and is payable in three equal annual payments of $800,000 plus interest. The first interest and principal payment was made on October 1, 2006. In...
Interest payable
[ 2 Answers ]
On October 1, 2005, Brock, Inc. issued 200 of its 10%, $1,000 bonds at 101 plus accrued interest. The bonds are dated July 1, 2005, and mature on July 1, 2015. Interest is payable semiannually on January 1 and July 1. The answer is $207,000 I try to do it,but I don't get it right. I use...
Accrued interest payable
[ 1 Answers ]
On September 1, 2006, Lowe Co issued a note payable to National Bank in the amount of $600,000, bearing interest at 12%, and payable in three equal annual principal payments of $200,000. On this date, the bank's prime rate was 11%. The first payment for interest and principal was made on September...
Accroued Interest Payable
[ 3 Answers ]
Accrued interest payable is what type of account?Accumulated depreciation is what type of account?prepaid insurance, for 2008, is what type of account?bonds payable, due in 10 years is what type of account?current maturities of long-term debt is what type of account?long-term receivables is what...
Accrued interest payable
[ 2 Answers ]
Accrued interest payable is what type of account? View more questions Search
|