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Physics, 22.03.2021 18:10 jtgarner402

(b) Hence, state whether this adjustment amount should be reflected as a debit or a credit.
Calculate the amount of interest due on 1 April 2014 to be shown on the
next statement.
Bxnxr
You may use the formula: Interest =
where
365
B = balance on 1" of the previous month
n = the number of days in the month
r = the interest rate​

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(b) Hence, state whether this adjustment amount should be reflected as a debit or a credit.
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