If cash is borrowed on a $91,000, 9-month, 6% note on August 1, how much interest...

  

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If cash is borrowed on a $91,000, 9-month, 6% note on August 1, how much interest expense would be incurred by December 31? Interest expense 2. The cash register total including sales taxes is $49,680, and the sales tax rate is 8%. What is the sales taxes payable? Sales taxes payable $ 3. If $67,500 is collected in advance on November 1 for 6-month magazine subscriptions, what amount of subscription revenue should be recognized on December 31? Subscription revenue $ If cash is borrowed on a $91,000, 9-month, 6% note on August 1, how much interest expense would be incurred by December 31? Interest expense 2. The cash register total including sales taxes is $49,680, and the sales tax rate is 8%. What is the sales taxes payable? Sales taxes payable $ 3. If $67,500 is collected in advance on November 1 for 6-month magazine subscriptions, what amount of subscription revenue should be recognized on December 31? Subscription revenue $

Answer rating: 100% (QA)

1 To calculate the interest expense incurred by December 31 for the 91000 9month 6 note Int... View the full answer