Question: Notes may be issued a. when borrowing money b. to creditors to temporarily satisfy an account payable created earlier c. when assets are purchased d.

Notes may be issued

a. when borrowing money

b. to creditors to temporarily satisfy an account payable created earlier

c. when assets are purchased

d. for all of these able to Brown Industries

Assuming 360 day year, what is the maturity value of the note? When required, round your owwer to the nearest do On June. W as Company issued an $80,000, 5, 120 day not

a. $81,333

b. 82.00

c. 4,00

d 200

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