Solved: Compute the interest payment, Managerial Accounting

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Compute the interest payment

Response to the following problem:

Murray Stoltz is the owner of Ontime Delivery Service. Recently. Murray pair interest $3,200 on a personal load of $60,000 that he used to begin the business. Should Ontime Delivery service record the interest payment? Explain.

Make sure you use enough details to support your answer.

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Managerial Accounting: Compute the interest payment

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Managerial Accounting: Compute the interest payment

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