On June 1, 2025, Thomas Company borrowed $31,000 from a bank on a 6 , 9 month note payable On October 1, 2026, Thomas Company borrowed $54,000 from a bank on a 14 , 4 month note payable Calculate the total amount of interest expense related to these two loans that Thomas Company would report in it...

To calculate the total amount of interest expense related to these two loans that Tho ...

On June 1, 2025, Thomas Company borrowed $31,000 from a bank on a 6%, 9-month note...

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Accounting Tools For Business Decision Making

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Posted Date: Mar 29, 2024 01:47 AM

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On June 1, 2025, Thomas Company borrowed $31,000 from a bank on a 6%, 9-month note...

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