Business, 25.01.2021 20:20 quee31

On September 1, 2021, Coronado Industries issued a note payable to National Bank in the amount of $1420000, bearing interest at 9%, and payable in three equal annual principal payments of $590000. On this date, the bank's prime rate was 8%. The first payment for interest and principal was made on September 1, 2021. At December 31, 2021, Coronado should record accrued interest payable of

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On September 1, 2021, Coronado Industries issued a note payable to National Bank in the amount of $1...

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