Question: the allowance method than under the direct write-off method? A EX 9-19 Determine due date and interest on notes Obj. 6 Determine the due date
the allowance method than under the direct write-off method? A EX 9-19 Determine due date and interest on notes Obj. 6 Determine the due date and the amount of interest due at maturity on the following notes: Excel Show Me How ETTE Term of Note Interest Rate Face Amount Date of Note 90 days 180 days 5% $40,000 January 10 March 19 a. 18,000 b. 30 days 7 90,000 June 5 C. 90 days September 8 November 20 36,000 d. 60 days 4 27,000 e. Assume that February has 28 days. Answer + Check Figure: Apr. 10, $500
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