On September 1, 2020, Vaughn Manufacturing issued a note payable to National Bank in the amount of $1500000, bearing interest at 8%, and payable in three equal annual principal payments of $510000. On this date, the bank's prime rate was 7%. The first payment for interest and principal was made on September 1, 2021. At December 31, 2021, Vaughn should record accrued interest payable of:
Answers: 2
Business, 21.06.2019 20:40, alix1234567888
Balances for each of the following accounts appear in an adjusted trial balance. identify each as an asset, liability, revenue, or expense. 1. accounts receivable 2. equipment 3. fees earned 4. insurance expense 5. prepaid advertising 6. prepaid rent 7. rent revenue 8. salary expense 9. salary payable 10. supplies 11. supplies expense 12. unearned rent
Answers: 3
Business, 22.06.2019 20:00, jessicaortiz6
Suppose a country's productivity last year was 84. if this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be:
Answers: 2
Business, 23.06.2019 02:00, alexbrafford
Abc electronics wants someone to install a top-of-the-line security system in its two buildings, a system that not only sounds an alarm but also simultaneously notifies authorities and the company president. video surveillance of the premises should also be a capability of the security system. n order to obtain price quotes, what should the company write? a. an unsolicited proposal b. an internal proposal c. an external proposal d. a request for proposals
Answers: 3
On September 1, 2020, Vaughn Manufacturing issued a note payable to National Bank in the amount of $...
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