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can yiu answr that Crane Companyaccepts from Gates Stores...

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Accounting

can yiu answr that
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Crane Companyaccepts from Gates Stores a $7,900,4 month, 92s note dated May 31 in settlement of Gates overdue account. The maturity date of the note is September 30. (a1) Your atrwer is correct Calculate the interest payableat maturity (Round anower to O decimal places, e3 5,275.) Interest payable at maturity (a2) What entry does Crane Coinpamy make at the maturity date. assuming Cates pays thenote and interest in full at that tine? iCreait account titles are cutomatically indented when anount is entered. Do not indent monually Round anmers to 0 decimal places, es. 5,275 ) Crane Companyaccepts from Gates Stores a $7,900,4 month, 92s note dated May 31 in settlement of Gates overdue account. The maturity date of the note is September 30. (a1) Your atrwer is correct Calculate the interest payableat maturity (Round anower to O decimal places, e3 5,275.) Interest payable at maturity (a2) What entry does Crane Coinpamy make at the maturity date. assuming Cates pays thenote and interest in full at that tine? iCreait account titles are cutomatically indented when anount is entered. Do not indent monually Round anmers to 0 decimal places, es. 5,275 )

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