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

Interest Expense=$8,0000.09(360/36) = $72 Interest Payable (Hyatt Company) $72 (Credit) Interest Expense $72 (debit) Interest Expense=$30,0000.10(360/24) = $200 Interest Payable (Bank) $200 (Credit) Interest Expense $200 (debit) Interest Expense=$12,0000.04(36/9) = $12 Interest Payable (Barr) $12 (Credit) Interest Expense $12 (debit).

Answer rating: 100% (QA)

It looks like youve correctly calculated the interest expense f... View the full answer