Greener pastures corporation borrowed 1450000 on november 1


Question - Greener Pastures Corporation borrowed $1,450,000 on November 1, 2015. The note carried a 9 percent interest rate with the principal and interest payable on June 1, 2016.

What is the Interest payable? What is the interest expense?

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Accounting Basics: Greener pastures corporation borrowed 1450000 on november 1
Reference No:- TGS02756087

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