Question: A $45,000, two-month, 9% note payable was issued on December 1, 2018. What is the amount of interest payable reported as a current liability on
A $45,000, two-month, 9% note payable was issued on December 1, 2018. What is the amount of interest payable reported as a current liability on the December 31, 2018 balance sheet? (Round the final calculation to the nearest dollar) $45,675 54050 $675 $338
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