Page 29 - Ch14 Liabilitas ok
P. 29
Interest-Bearing Notes
ILLUSTRATION 14-16
Schedule of Note
Discount Amortization
14-55 LO 5
Interest-Bearing Notes
ILLUSTRATION 14-16
Schedule of Note
Discount Amortization
Marie Co. records the following entry at the end of year 1.
Interest Expense 1,142
Notes Payable 142
Cash 1,000
14-56 LO 5
