Trek holidays company signed a 9 10-year note for 150000


Trek Holidays Company signed a 9%, 10-year note for $150,000. The company paid $1,900 as the instalment for the first month. After the first payment, what is the updated principal balance?

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Financial Accounting: Trek holidays company signed a 9 10-year note for 150000
Reference No:- TGS01075108

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