What is a good response to the post made by a classmate


Question: What is a good response to the following post made by a classmate? Interest Expense = $8,000×0.09×(360/36) = $72 Interest Payable (Hyatt Company) $72 (Credit) Interest Expense $72 (debit) Interest Expense=$30,000×0.10×(360/24) = $200 Interest Payable (Bank) $200 (Credit) Interest Expense $200 (debit) Interest Expense = $12,000×0.04×(36/9) = $12 Interest Payable (Barr) $12 (Credit) Interest Expense $12 (debit)

 

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Accounting Basics: What is a good response to the post made by a classmate
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