Accounting Problem
o Wells Fargo Bank agrees to lend the Block Builders Company $200,000 on January 1. Block Builders Company signs a $200,000, 8%, 6-month note.
o What entry will Block Builders Company make to pay off the note and interest at maturity assuming that interest has been accrued to June 30?
The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.