The remainder was for accrued interest


On June 20, 2010, the company paid $2,115 on the equipment loan and $429 on accrued interest. Of the $429, $220 was accrued interest in 2009 and the remainder was for accrued interest in the first half of 20105. $2,170 in salaries were paid?

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Accounting Basics: The remainder was for accrued interest
Reference No:- TGS0713345

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