What is the amount of accrued interest payable, Accounting Basics

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What is the amount of accrued interest payable

Warner Company borrowed $25,000 cash on November 1, 1998, and signed a six-month 12% interest-bearing note payable with interest payable at maturity. what is the amount of accrued interest payable that should be shown on the December 31, 1998 balance sheet ?

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Accounting Basics: What is the amount of accrued interest payable

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Recent Questions Asked Accounting Basics

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Accounting Basics: What is the amount of accrued interest payable

Reference No:- TGS072782

Recent Questions Asked Accounting Basics

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