Business
Business, 14.11.2019 23:31, laineyherman

Madison company issued an interest-bearing note payable with a face amount of $13,200 and a stated interest rate of 8% to the metropolitan bank on august 1, year 1. the note carried a one-year term. based on this information alone, the amount of total liabilities appearing on madison's year 1 balance sheet would be:

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Madison company issued an interest-bearing note payable with a face amount of $13,200 and a stated i...

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