![subject](/tpl/images/cats/ekonomika.png)
Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory. The loan is for $50,000, the annual interest rate is 8%. The loan is for 7 months and matures on March 31st, 2020. The journal entry on September 1st, 2019 is a Debit to and a Credit to Assuming a December 31 fiscal year end, the journal entry your company does on December 31, 2019 to accrue interest is a Debit and a Credit How much interest expense does your company record on March 31st, 2020 when the loan matures? How much total cash will your company pay back on March 31st, 2020?
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 09:50, shanedawson19
Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing
Answers: 1
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:30, glowbaby123
Consider derek's budget information: materials to be used totals $64,750; direct labor totals $198,400; factory overhead totals $394,800; work in process inventory january 1, $189,100; and work in progress inventory on december 31, $197,600. what is the budgeted cost of goods manufactured for the year? a. $1,044,650 b. $649,450 c. $657,950 d. $197,600
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 12:20, mxrvin4977
In terms of precent, beer has more alcohol than whiskey true or false
Answers: 1
You know the right answer?
Your company obtains a short term loan on September 1st, 2019 to cover costs to purchase inventory....
Questions in other subjects:
![Konu](/tpl/images/cats/mat.png)
Mathematics, 11.11.2020 07:20
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 11.11.2020 07:20
![Konu](/tpl/images/cats/mat.png)
Mathematics, 11.11.2020 07:20
![Konu](/tpl/images/cats/himiya.png)
![Konu](/tpl/images/cats/ap.png)
Advanced Placement (AP), 11.11.2020 07:20
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/mkx.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 11.11.2020 07:20
![Konu](/tpl/images/cats/mat.png)
Mathematics, 11.11.2020 07:20