Question: pleade answer both or answer the first one On January 1, Southwest Company accepted a one year note for $60,000 at 8 from one of

pleade answer both or answer the first one

On January 1, Southwest Company accepted a one year note for $60,000 at 8 from one of its customers. When the note matured on December 31, the customer was unable to pay, and the company recorded the dishonor. The amount of the debit recorded on December 31 is Selected Answer: 560,000 O out of 4 points uestion 30 On October 1, 2020, Jewelry Specialists Company made a loan to one of its customers. The customer signed a 4-month note for $90,000 at 9%. Calculate the total interest earned on the note (Round any X intermediate calculations to two decimal places, and your final answer to the nearest dollar)

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