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December Interest on a bank

Hello! Could anyone help me understand this question?For purposes of preparing its December bank reconciliation, the following
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2. asked by Keira Storm
3. 160 views
December Interest on a bank loan is due on January 2nd of the following year:accrue $1,000. How do u record interest expense and
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2. asked by Brandy
3. 451 views
On December 31, 2009, $150,000 of 14% bonds were issued. The market interest rate at the time of issuance was 15%. The bonds pay
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2. asked by bry
3. 450 views
Suppose you deposit $275.00 in your savings account on December 31.Your bank pays 3 percent annual interest on savings accounts.
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2. asked by erika
3. 1,843 views
Jimmy invests 15,000 coins in a bank andearns simple interest. After 2 years he withdraws all his money from the bank .If the
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2. asked by sammy
3. 722 views
Bill has a savings account in Sierra Bank and earns interest at 2 1/4%. He is considering moving his business to Coulee Bank to
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2. asked by Gabby
3. 491 views
A note payable to the Bank of the Philippine Islands for P2,400,000 is outstanding on December 31, 2017. The note is dated
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2. asked by ravi
3. 1,215 views
Bank A pays 5% simple interest on its deposit account, whereas Bank B pays interest on its deposit account compounded monthly.Fo
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2. asked by financial
3. 460 views
Suppose Joan has $5,000 to invest. The banks are offering 3.10% interest. Bank A compounds interest continuously, while Bank B
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2. asked by Anonymous
3. 615 views
tony towing borrows of $12,250 at 9.5% interest for 320 days if bank use exact interest method how much interest will the bank
1. 4 answers
2. asked by angela
3. 2,323 views