Solution-Find the interest accrued on the note at the

Find the interest accrued on the note at the fiscal year

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Problem - On May 25, 2020, Amalin Co. sold to Natahal. Co. socks for $45,000 by accepting a note payable. The note payable was for 45 days and carried an 6.5% interest. Amalin Co. has June 30, 2020 as fiscal year end. Find the interest accrued on the note at the fiscal year end?

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Find the interest accrued on the note at the fiscal year : On May 25, 2020, Amalin Co. sold to Natahal. Co. socks for $45,000 by accepting a note payable. Find the interest accrued on the note at the fiscal year

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Find the interest accrued on the note at the fiscal year

Reference no: EM132721779

Reference no: EM132721779

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