B-13.04 Worksheet

B-13.04 Worksheet - 31-Dec Interest Expense Note Payable...

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Name: Date: Section: B-13.04 (a) Loan Amount = Payments X Annuity Present Value Factor (b) GENERAL JOURNAL Date Accounts Debit Credit 1-Jan Building 500,000.00 Note Payable 500,000.00 To record purchase of office building for 9% note payable
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Unformatted text preview: 31-Dec Interest Expense Note Payable Cash To record payment 31-Dec Interest Expense Note Payable Cash To record payment (c) Loan Amount = Payments X Annuity Present Value Factor...
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This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.

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