Data on three promissory notes accepted by Levin Ltd during 2014 follow Instructions Determine the missing amounts Term in Interest Interest Revenue to Record for Date of Note Months PrincipalRnteresYear Ended December 31 Oct 1 $180,000 120,000 10 6 $4,800 12,000 oV 24 6 ...

a 100000 12000 2 6 b 8 4800 120000 612 ...

Data on three promissory notes accepted by Levin Ltd. during 2014 follow. Instructions Determine the missing amounts.

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Data on three promissory notes accepted by Levin Ltd. during 2014 follow.

Instructions
Determine the missing amounts.

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Accounting Principles Part 2

ISBN: 978-1118306796

6th Canadian edition Volume 1

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow

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Question Posted: Mar 30, 2017 12:09 PM

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Data on three promissory notes accepted by Levin Ltd. during 2014 follow. Instructions Determine the missing amounts.

Question:

Term in Interest Interest Revenue to Record for Date of Note Months PrincipalRnteresYear Ended December 31 Oct. 1 $180,000 120,000 10% 6 $4,800 12,000 oV 24 6%

Step by Step Answer:

a 100000 12000 2 6 b 8 4800 120000 612 ...View the full answer

Accounting Principles Part 2

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