問題詳情
I. On September 1, 2014, Herman Co. issued a note payable to National Bank in the amount of $1,200,000,bearing interest at 12%, and payable in three equal annual principal payments of $400,000. On this date,the bank's prime rate was 11%. The first payment for interest and principal was made on September 1,2015. At December 31, 2015, what amount should Herman record accrued interest payable? (3%)
參考答案
用户評論