Business, 12.12.2019 23:31 isabelperez063

West company borrowed $36,000 on september 1, 2016 from the valley bank. west agreed to pay interest annually at the rate of 6% per year. the note issued by west carried an 18-month term. based on this information the amount of interest expense appearing on west's 2016 income statement would be: a. $0 b. $234 c. $585 d. $780

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West company borrowed $36,000 on september 1, 2016 from the valley bank. west agreed to pay interest...

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