in exchange of goods bought from ACCT Company in the amount of P600,000. The note has an interest rate of 8%. How much I
Posted: Tue Jul 05, 2022 1:38 pm
by answerhappygod
in exchange of goods bought from ACCT Company in the amount of P600,000.
The note has an interest rate of 8%. How much Interest Income should be
recorded for this particular note in the books of ACCT Company for the year
ended December 31. 2021?