Jan 30 2015 ABC Company gave DEG company a 90 day 8% $60,000 note payable...
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Accounting
Jan 30 2015 ABC Company gave DEG company a 90 day 8% $60,000 note payable to extend a past due account payable. ABC has a year end of March 31st
Prepare the year end adjusting entry to accrue interest and record the payment of the note on April 22 2015
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