From the following information, prepare Note to Accounts on Finance Costs: Interest paid to Bank 75,000;...

   

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From the following information, prepare Note to Accounts on Finance Costs: Interest paid to Bank 75,000; Interest on Debentures 58,000; Loss on issue of Debentures written off € 27,500; and Commitment Charges € 15,000. Out of the Following, identify the items that are shown in the Note to Accounts on Finance Costs: (i) Interest paid on Borrowing from prince Finance Ltd.; (ii) Interest paid on Term Loan to Bank; (iii) Interest paid on Public Deposits; (iv) Loss on Issue of Debentures Written off; and (v) Bank Charges. From the following information, prepare Note to Accounts on Finance Costs: Interest paid to Bank 75,000; Interest on Debentures 58,000; Loss on issue of Debentures written off € 27,500; and Commitment Charges € 15,000. Out of the Following, identify the items that are shown in the Note to Accounts on Finance Costs: (i) Interest paid on Borrowing from prince Finance Ltd.; (ii) Interest paid on Term Loan to Bank; (iii) Interest paid on Public Deposits; (iv) Loss on Issue of Debentures Written off; and (v) Bank Charges.

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