Question

S3-9 (similar to) Farran Restaurant borrowed $150.000 on October 1 ty signing and payable to More One Bark. The rest ease or each month is 1000. The loan agement Farraro top it on January 2 for October November wid December 1. Male Frame Trang entry to crve monthly esperse Oester 31, November, and at December 31, Oute cachory and include to ordet, the crossed on te of the many More the singer for Journal D сан Od

Answer 1

Date -Particulars ål och Trikrest expense Interest payable 5230 (Beng Interest in lone for el arened but not pelid) 30 Nov Interest expense Interest payabu Interest on loon accrued but ter Nov not paid 37 Dec 90 DO Interest expense Interest payable (Bering Interest on loan for but not paid) bec accrued Interest payable Al particulars Amount Date Date particucions mount S1 oct By Interest expensi SS 30 Nov By The rest cape SOG eld 1500 3. De by Interest Balance expand 3. 2 - Jan Interest payable CDO 150 Coun (Bring Interest paid for 3 months 2 on Jean