A five-year, $100,000, 4% note payable was issued on December 31, . The note requires principal payments of $20,000 plus interest due each year beginning December 31, . The entry to record the annual payment at the end of year two on December 31,, includes a debit to Interest Expense for $800. a debit to Interest Expense for $3,200. a credit to Cash for $24,000. a credit to Notes Payable for $20,000.
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Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is
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True or false: it is generally better to concentrate your exercise time on the weekends only for maximum aerobic benefit.
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A five-year, $100,000, 4% note payable was issued on December 31, . The note requires principal paym...
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