Question

D ont y wered Marked out of 2.00 Plague Brothers Inc. issued a 120 day note in the amount of $180,000 on November 1, 2019 wit
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer- The amount of interest has accrued as of December 31,2019=$1800.

Explanation- Amount of interest has accrued as of December 31,2019= ($180000*6%)*2 months/12 months

= $1800

Add a comment
Know the answer?
Add Answer to:
D ont y wered Marked out of 2.00 Plague Brothers Inc. issued a 120 day note...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT