Business, 16.03.2020 21:52 damonsmith201615

DeKalb Company made a loan of $6,000 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rate of interest. The amount of interest revenue that DeKalb would report in Year 1 and Year 2, respectively would be

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DeKalb Company made a loan of $6,000 to one of the company's employees on April 1, Year 1. The one-y...